Economy and Public Institutions (Dominica) Quiz

Who owns and controls public institutions?

• Foreign investors

• Private individuals

• Co-operatives

• The government

Why do public institutions offer basic services at an affordable price or for free?

• To enhance the quality of life

• To generate revenue

• To minimize state funding

• To rival private enterprises

How can you determine if a business place is public?

• By the products sold

• By the location's name

• By the advertising budget

• By the number of employees

What is an example of a quasi-public institution mentioned in the text?

• Roseau Health Center

• Goodwill Secondary School

• Dominica State College

• Dominica Social Security

How are the services provided by public institutions funded?

• By donations

• By government subsidies

• By customer fees

• By foreign investments

What is the main source of revenue for the government to finance public institutions?

• Grants

• Loans

• Taxation

• Citizen By Investment Program

Which type of tax is paid by all citizens for goods and services?

• Import taxes

• VAT

• Corporate Tax

• Income Tax

What is the purpose of tariffs and duties imposed by the government?

• To protect local products

• To reduce government spending

• To increase imports

• To encourage foreign investment

Which government institution promotes the exports of agriculture and agro-processed products?

• Dowasco

• Dominica Social Security

• The ports

• DEXIA

What does VAT stand for?

• 
  Value Added Tax

• Vacancy And Terms

• Value and Taxation