CSEC Principles of Business · January 2013 · Paper 2 · Question 6(a)(ii)
State TWO ways in which governments use the money collected from taxation.
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Practise this questionOther parts of this question
- 6(a)(i)Apart from taxes, identify TWO other sources from which governments obtain revenue to perform their roles.[2 marks]
- 6(a)(iii)a)List TWO examples of direct taxes.[2 marks]
- 6(a)(iii)b)List TWO examples of indirect taxes.[2 marks]
- 6(b)(i)State TWO essential services for which governments are responsible.[2 marks]
- 6(b)(ii)Outline TWO ways in which governments in the Caribbean attempt to regulate business activities.[4 marks]
- 6(c)(i)Discuss ONE effect of an increase in sales tax on households.[3 marks]
- 6(c)(ii)Discuss ONE effect of an increase in sales tax on businesses.[3 marks]
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