UESTION FIVEa) What are the shortcomings of a highly centralized system of government, andhow does devolution resolve the failures of the centralized government system?b) Which level of government levies which taxes and why?UESTION SIXa) Discuss the assertion that most tax incentives can be grouped into eitherinvestment promotion incentives or export promotion incentivesc) Discuss the factors that influence the assignment of tax raising powers amongnational and sub- national levels of governmentUESTION SEVENa) Present carefully the Ramsey Rule for Optimal Commodity Taxation.b) Carefully discuss the theory of optimal income taxation and Stern's clarificationconcerning the sameUESTION EIGHTa) What are the four critical challenges developing countries face when attemptingto establish efficient tax systems?b) What factors govern tax policy design and structure?UESTION NINEa) What are the debates and initiatives relating to tax avoidance by multinationalcorporationsb) Discuss the current global initiatives addressing tax base erosion and profitshifting, and exchange of information.UESTION TENa) Distinguish between: public goods, common goods, club goods and privatgoods.b) Explain the meaning of Tragedy of the Commons (also known as tragedy of opeaccess regimes or simply, the open access problem).

Centralized control of a business can have several disadvantages, including stifled creativity,…

a) What are the shortcomings of a highly centralized system of government, and how does devolution resolve the failures of the centralized government syste b) Which level of government levies which taxes and why?

a) What are the shortcomings of a highly centralized system of government, and how does devolution resolve the failures of the centralized government syste b) Which level of government levies which taxes and why?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

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Question

UESTION FIVE
a) What are the shortcomings of a highly centralized system of government, and
how does devolution resolve the failures of the centralized government system?
b) Which level of government levies which taxes and why?
UESTION SIX
a) Discuss the assertion that most tax incentives can be grouped into either
investment promotion incentives or export promotion incentives
c) Discuss the factors that influence the assignment of tax raising powers among
national and sub- national levels of government
UESTION SEVEN
a) Present carefully the Ramsey Rule for Optimal Commodity Taxation.
b) Carefully discuss the theory of optimal income taxation and Stern's clarification
concerning the same
UESTION EIGHT
a) What are the four critical challenges developing countries face when attempting
to establish efficient tax systems?
b) What factors govern tax policy design and structure?
UESTION NINE
a) What are the debates and initiatives relating to tax avoidance by multinational
corporations
b) Discuss the current global initiatives addressing tax base erosion and profit
shifting, and exchange of information.
UESTION TEN
a) Distinguish between: public goods, common goods, club goods and privat
goods.
b) Explain the meaning of Tragedy of the Commons (also known as tragedy of ope
access regimes or simply, the open access problem).

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