Economics - 0455 CIE

Fiscal Policy Continued

Akopọ

Tax is how a government raises the money to run a country, but it does far more than fill the treasury. The right tax can curb smoking, protect the environment, narrow the gap between rich and poor, or steer the whole economy. The wrong one can hit the poor hardest.

In this lesson you will learn why governments tax, how taxes are classified (progressive, regressive, proportional; direct, indirect), and how changing taxes and spending (fiscal policy) helps a government meet its macroeconomic aims. By the end you will be able to judge who really pays and why.

Awọn Afojusun

  1. reasons for taxation: raising revenue, discouraging consumption of demerit goods, reducing imports, redistributing income, influencing total demand, encouraging environmental sustainability
  2. examples of the different classifications of tax: progressive, regressive, proportional; direct, indirect
  3. impact of taxation on consumers, workers, producers/firms, the government and the economy
  4. changes in: - taxes - government spending
  5. how fiscal policy measures may enable a government to achieve its macroeconomic aims

Akọ̀wé Ẹ̀kọ́

Fiscal policy, the use of government spending and taxation, is one of the two main levers a government pulls to manage the economy. Tax choices decide who pays, what behaviour is discouraged and how income is shared. Examiners test whether you can explain the reasons for tax, classify taxes correctly and link fiscal changes to aims like growth and low unemployment.

O wa lori ohun elo Green Bridge

Gba ohun elo Green Bridge CBT sori foonu tabi kọmputa rẹ lati ri awọn akọsilẹ ẹkọ ni kikun, awọn ibeere adaṣe, ati diẹ sii.

Awọn akọsilẹ ẹkọ ni kikun pẹlu awọn aworan apejuwe
Oluranlọwọ ẹkọ ti AI ṣe agbara rẹ
Kọ ẹkọ laisi intanẹẹti, nigbakugba, nibikibi
O wa lori Android, Windows, macOS, ati Linux

Ìdánwò Ẹ̀kọ́

Oriire fun ipari ẹkọ lori Fiscal Policy Continued. Ni bayi ti o ti ṣawari naa awọn imọran bọtini ati awọn imọran, o to akoko lati fi imọ rẹ si idanwo. Ẹka yii nfunni ni ọpọlọpọ awọn adaṣe awọn ibeere ti a ṣe lati fun oye rẹ lokun ati ṣe iranlọwọ fun ọ lati ṣe iwọn oye ohun elo naa.

Iwọ yoo pade adalu awọn iru ibeere, pẹlu awọn ibeere olumulo pupọ, awọn ibeere idahun kukuru, ati awọn ibeere iwe kikọ. Gbogbo ibeere kọọkan ni a ṣe pẹlu iṣaro lati ṣe ayẹwo awọn ẹya oriṣiriṣi ti imọ rẹ ati awọn ogbon ironu pataki.

Lo ise abala yii gege bi anfaani lati mu oye re lori koko-ọrọ naa lagbara ati lati ṣe idanimọ eyikeyi agbegbe ti o le nilo afikun ikẹkọ. Maṣe jẹ ki awọn italaya eyikeyi ti o ba pade da ọ lójú; dipo, wo wọn gẹgẹ bi awọn anfaani fun idagbasoke ati ilọsiwaju.

  1. A progressive tax is one where, as income rises, the: A. amount paid falls B. tax rate (percentage) rises C. tax rate falls D. tax rate stays the same Answer: B
  2. Which of the following is an indirect tax? A. income tax B. corporation tax C. value added tax (VAT) on goods D. a tax on wealth Answer: C
  3. A fixed-sum charge that is the same for everyone is an example of a: A. progressive tax B. proportional tax C. regressive tax D. direct tax Answer: C
  4. Expansionary fiscal policy to reduce unemployment involves: A. higher taxes and lower spending B. lower taxes and/or higher government spending C. higher interest rates D. reducing the money supply Answer: B
  5. Taxing tobacco heavily is mainly intended to: A. increase imports B. discourage consumption of a demerit good C. make the tax system regressive D. reduce government revenue Answer: B

O wa lori ohun elo Green Bridge

Gba ohun elo Green Bridge CBT sori foonu tabi kọmputa rẹ lati ri awọn akọsilẹ ẹkọ ni kikun, awọn ibeere adaṣe, ati diẹ sii.

Awọn akọsilẹ ẹkọ ni kikun pẹlu awọn aworan apejuwe
Oluranlọwọ ẹkọ ti AI ṣe agbara rẹ
Kọ ẹkọ laisi intanẹẹti, nigbakugba, nibikibi
O wa lori Android, Windows, macOS, ati Linux

O wa lori ohun elo Green Bridge

Gba ohun elo Green Bridge CBT sori foonu tabi kọmputa rẹ lati ri awọn akọsilẹ ẹkọ ni kikun, awọn ibeere adaṣe, ati diẹ sii.

Awọn akọsilẹ ẹkọ ni kikun pẹlu awọn aworan apejuwe
Oluranlọwọ ẹkọ ti AI ṣe agbara rẹ
Kọ ẹkọ laisi intanẹẹti, nigbakugba, nibikibi
O wa lori Android, Windows, macOS, ati Linux

Ṣe Adaṣe Awọn Ibeere Idanwo Adaṣe

Ṣe o fẹ ṣe adaṣe awọn ibeere idanwo adaṣe nipa Fiscal Policy Continued? Ṣe igbasilẹ ohun elo Green Bridge CBT lati wọle si awọn ibeere idanwo adaṣe ati awọn ayẹwo adaṣe kikun fun koko-ọrọ yii.

Ṣe igbasilẹ ohun elo naa lori Google Playstore

Gbogbo ohun ti o nilo lati ṣe dara julọ ninu JAMB, WAEC ati NECO.

Green Bridge CBT Mobile App
Asiko ẹkọ AI ti ara ẹni Chat Assistant
Ẹgbẹẹgbẹrun Awọn Ibeere Atijọ JAMB, WAEC & NECO
Fiwọn 1200 Awọn akọsilẹ Ẹkọ ju.
Atilẹyin Aisinipo - Kọ ẹkọ Nigbakugba, Nibi gbogbo
Tẹ̀dí Green Bridge
Àkójọpọ̀ Ìtàn Lítíréṣọ̀ & Ìbéèrè Tó Lè Dáyéé ṣẹ́lẹ̀
Tẹle iṣẹ ṣiṣe rẹ ati ilọsiwaju rẹ.
Àlàyé tí ó jinlẹ̀ fún ìmòye tó jinlẹ̀.