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waecE-LEARNING
Economics Paper 2, Nov/Dec. 2011  
Questions: 1 2 3 4 5 6 7 8 9 10 11 12 Main
General Commsents
Weakness/Remedies
Strength
Question 11

(a)        Explain any four objectives of public finance.
(b)        Give two reasons for the increase in government expenditure in your country in recent years.

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Observation

A good number of candidates who attempted this question scored average marks.
Generally, candidates were able to provide correct answers for the (a) part of the
question.  The (b) part of the question was however not well answered.  Candidates
 needed to explain any two of the following to score the maximum marks.

(b)        Reasons for increased government expenditure:

                        (i)         increase in wages and salaries;
                        (ii)        increase in population size;
                        (iii)       inflation;
                        (iv)       increase in national debt.

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