Social Sciences, asked by sanvi62535, 10 months ago

why does the government spends public finance on different activities?(3 marks)

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Answered by itsshanvi

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 (1) efficient allocation of resources, (2) distribution of income, and (3) macroeconomic stabilization.

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