Question #10844
define public finance.
Expert's answer
Public finance is the study of the role of the government in the economy.
The purview of public finance is considered to be threefold: governmental effects on efficient allocation of resources, distribution of income, and macroeconomic stabilization
The purview of public finance is considered to be threefold: governmental effects on efficient allocation of resources, distribution of income, and macroeconomic stabilization
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#340153 on Dec 2023
#340153 on Dec 2023
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