Econ_2_UTES_2024.pdf

CamScanner fe$} CamScanner Credit will be given for use of relevant diagrams. © 2024 Uganda Teachers’ Examinations Scheme Answer four (4) questions from section B. Attempt five (5) questions only. 3 hours 3 hours Uganda Advanced Certificate of Education Section A is compulsory. Answers to this section should be precise and concise. INSTRUCTIONS TO CANDIDATES: ECONOMICS Any additional question(s) attempted will not be marked. JOINT MOCK EXAMINATIONS Turn Over ECONOMICS July/Aug. 2024 All questions in section B carry equal marks. UGANDA TEACHERS’ EXAMINATIONS SCHEME Paper 2 Paper 2 P220/2 Mr. Amar Lemi earns a gross income of Uganda shillings 30% and there is a change in investment of shs 270 million; government multiplier. (02 marks) inter dependence. (02 marks) (b) (ii) - Tax payable. (01 mark) Given that the marginal propensity to save in an economy is (a) (i)Distinguish between income tax and corporation tax. (02 marks) calculate the: - Chargeable income (01 mark) - Investment multiplier, (01 mark) CamScanner - Final change in income in the economy. (01 mark) (c) 75,000,000 and his allowable expenses amounts to Uganda Answer alll parts of this question. SECTION A: (20 MARK) fe$} CamScanner (ii) (02 marks) shillings 50,000,000. Using the table below, calculate his (i) Distinguish between economic dependence and economic (ii) State any two effects of economic dependence on Uganda. Differentiate between the investment multiplier and the (i) exceeds shs. 2,820,000 Distinguish b