ICE TASK 3 – PMAC5112 – CHAPTER 15
5.1 List and explain the market failures that force the government to intervene
(15)
5.2 What instruments can government use to intervene in the economy?
(10)
5.3 List the instruments of Fiscal policy
(3)
5.4 What are the factors that contribute to the rise of government spending
(5)
5.5 List three main taxes in South Africa
(3)