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Dfi 306: Public Finance Question Paper

Dfi 306: Public Finance 

Course:Bachelor Of Commerce

Institution: University Of Nairobi question papers

Exam Year:2013



INSTRUCTIONS
1. Attempt ALL FOUR Questions.
2. All Question carry equal marks.
3. Allocate, at least 30 minutes to each question.

Question One
(a) What are Externalties? (5 marks)

(b) Discuss documented methods available for public sector to handle Externalties. (20 marks)

Question Two
Discuss changing sources of Kenyan Public Revenue since independence (1963). (25 marks)

Question Three
(a) Discuss Tax Shifting. (6 marks)

(b) Explain clearly and concisely three theories of Tax Incidence. (19 marks)

Question Four
(a) Whose burden is Public Debt? Discuss. (15 marks)

(b) Discuss Canons of Public Expenditure. (10 marks)




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