20 Marks Total 40 Mari SECTION B This section has five (5) questions. Please answer any three (3) Of these questions. Question 3 Describe the scope of Public Finance. 20 Marks Question 4 Describe social benefits and social costs in externalities 20 Marks Question 5 Question 5 Describe the budget system in Zambia, outlining the three stages of The process. Question 6 Describe the different taxes that government uses to collect revenue. Question 7 Describe the Fiscal Policy and the monetary policy and explain how The two policies are used to control money supply in the economy. Course Code BBA 418 SECTION A There are two questions in this section. Please answer both. Each question carries 20 Marks. Question 1 Describe the role of the public finance in: a) the economy b) explain the allocation of resources and the distribution functions of public finance Question 2 Describe consumption and production externalities, 10 marks 10 marks 20 Marks Total 40 Marks