Question

Public finance deals with which of the following aspect of government?

a) Social

b) Political

c) Financial

d) Human​

Answer 1

Answer:

B) Financial is the correct

Answer 2

Public finance deals with financial aspect of the government. (Option b)

• Public finance refers to the study of government's role in the economy.

• It includes taxing, spending, budgeting and debt related policies that affect government's expenditures on providing services to the public.
• Public finance facilitates the government in dealing with inflation and deflation.

• The main components of public finance are public expenditure, public budget and public revenue.