Jamaica extended financial support

Government of Jamaica extended financial support to the population in the context of the COVID-19 crisis. Explain using public finance principles the reasons why a government might do this and what the government is attempting to accomplish by doing so? (25 marks)

In an effort to reduce alcohol consumption in Jamaica, the government of Jamaica (GOJ) is considering levying a $2/unit tax on the sale of coconuts (i.e., on the consumer). Suppose the demand curve for liquor is:

and the supply curve for liquor is:

State who bears the statutory incidence of a $2 per unit tax on the sale of liquor? And who bears the economic incidence of this tax?


Calculate the pre-tax and post-tax equilibria, and explain the new equilibrium results in terms of: consumer tax burden, producer tax burden, tax wedge, and government revenue.


Provide a carefully labelled graphical analysis of your answers in part a(ii) [Only a sketch is required here: demand and supply curves do not have to be plotted to scale]. Indicate on your graph however, with accuracy, the pre-tax and post-tax equilibria, consumer tax burden, producer tax burden, and government revenue.


Explain how good governance may be viewed as a public good using an example that had been implemented by the Jamaican government in 2013. Describe the governance mechanism implemented and comment on its success.                                                                  (25 marks)

Describe and explain the considerations that the Jamaican government must make in its design of a tax system. Using your answer comment on the structure of the Jamaican tax system using the summary of taxY revenue by type presented in the central government tables. (25 marks)

Calculate the price of your order

Simple Order Process

Fill in the Order Form

Share all the assignment information. Including the instructions, provided reading materials, grading rubric, number of pages, the required formatting, deadline, and your academic level. Provide any information and announcements shared by the professor. Choose your preferred writer if you have one.

Get Your Order Assigned

Once we receive your order form, we will select the best writer from our pool of experts to fit your assignment.

Share More Data if Needed

You will receive a confirmation email when a writer has been assigned your task. The writer may contact you if they need any additional information or clarifications regarding your task

Let Our Essay Writer Do Their Job

Once you entrust us with your academic task, our skilled writers embark on creating your paper entirely from the ground up. Through rigorous research and unwavering commitment to your guidelines, our experts meticulously craft every aspect of your paper. Our process ensures that your essay is not only original but also aligned with your specific requirements, making certain that the final piece surpasses your expectations.

Quality Checks and Proofreading

Upon the completion of your paper, it undergoes a meticulous review by our dedicated Quality and Proofreading department. This crucial step ensures not only the originality of the content but also its alignment with the highest academic standards. Our seasoned experts conduct thorough checks, meticulously examining every facet of your paper, including grammar, structure, coherence, and proper citation. This comprehensive review process guarantees that the final product you receive not only meets our stringent quality benchmarks but also reflects your dedication to academic excellence.

Review and Download the Final Draft

If you find that any part of the paper does not meet the initial instructions, send it back to us with your feedback, and we will make the necessary adjustments.