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WAEC Economics 1999 Question 19

Question 19

Public Finance

Government imposes taxes mainly to

  1. A.punish the citizens
  2. B.provide social amenities
  3. C.donate to poorer countries
  4. D.execute white elephant projects
Show the answer and explanation

Answer: B (provide social amenities)

Explanation

Taxes are the main source of revenue for providing public services and amenities.