Question

Role of public finance in developed and developing economy

Answer 1

In real terms, public finance policies should be designed on the basis of promoting a stable economic growth and development. ... In developed countries its role is to expand both production capacity as well as the level of aggregate monetary demand in relation to their economic growth.

Answer 2

In real terms, public finance policies should be designed on the basis of promoting a stable economic growth and development. ... In developedcountries its role is to expand both production capacity as well as the level of aggregate monetary demand in relation to their economic growth.Oct 14, 2015