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Question 1
a) What are the main characteristics of an Efficient Tax system?
b) What are the instruments of Public Finance and explain their efficiency.
c) Explain what is meant by merit goods and why Government always promotes such type of goods.
Question 2
a) Distinguish between Direct and Indirect Tax and their effectiveness in maximizing Government Revenue.
b) Explain and Evaluate in which phase of the economic cycle, the Government will be more likely to maximise Public Finance and what policy implication the Government will adopt?
c) Discuss the Impact of an ageing Population on the Government's Budget
I need a report on Specific Cost. Can you please assist me for Specific Cost report for about 2500 words?
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