Public Finance
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2017 A/L Economics – Past Paper MCQ 40
Question: The widely used credit instrument in domestic financing budget deficit of Sri Lanka in…
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2017 A/L Economics – Past Paper MCQ 39
Question: According to their relative importance in total expenditure, the main components of recurrent expenditure…
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2017 A/L Economics – Past Paper MCQ 38
Question: The government revenue to GDP ratio and the government expenditure to GDP ratio in…
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2018 A/L Economics – Past Paper MCQ 38
Question: The principal sources of tax revenue in Sri Lanka are (1) Income Tax, Value…
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2018 A/L Economics – Past Paper MCQ 36
Question: Which of the following is most likely to be a reason for what economists…
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2019 A/L Economics – Past Paper MCQ 31
Question: Which of the following is considered a direct tax? (1) Value Added Tax (VAT)…
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2019 A/L Economics – Past Paper MCQ 30
Question: The term ‘Crowding-out effect’ refers to the situation where (1) increased private investment reduces…
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2019 A/L Economics – Past Paper MCQ 29
Question: A regressive tax system is one in which the (1) average tax rate increases…
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2019 A/L Economics – Past Paper MCQ 33
Question: The ‘Primary Deficit’ of a government budget is calculated as the (1) overall budget…
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2019 A/L Economics – Past Paper MCQ 32
Question: The impact of a proportional income tax on the distribution of income is that…