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9 marksTaxation and Fiscal Policy

CSEC Principles of Business · May/June 2011 · Paper 2 · Question 6(b)

State THREE purposes of taxation, and for EACH explain how the government in your country uses the taxes collected.

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Other parts of this question

  1. 6(a)Explain what is meant by the statement 'government is a regulator of business', giving TWO examples to support your explanation.[5 marks]
  2. 6(c)(i)Discuss food and drug standards legislation showing how it benefits consumers.[3 marks]
  3. 6(c)(ii)Discuss hire purchase laws showing how they benefit consumers.[3 marks]

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