Question

32. Briefly explain about the importance of public finance.
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Answer 1

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☞ The importance of public finance in an advanced country is to stabilize its growth rate. For this ,the government changes its expenditure and taxation policies to produce good effects and avoid bad effects on national income, production, employment and price.

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$<marquee \: behaviour = alternate><font \:color =purple>☯️✨MR.ADITYA✨☯️$