Question

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what is public finances??​

Answer 1

Answer:

Public finance is the study of the role of the government in the economy. It is the branch of economics that assesses the government revenue and government expenditure of the public authorities and the adjustment of one or the other to achieve desirable effects and avoid undesirable ones.

Answer 2

 Solution

•  Public Finance is a branch of  Economics. It is the economic activity of the Government in the economics of the nation.

It deals with the way government

•  Obtains its finances,
• Saves and Invests them,
• Makes plans to spend it on various public administration bodies,
•  welfare schemes and policies.

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