ayingtri21 ayingtri21
  • 28-02-2021
  • Business
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why is it important to study public finance

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destmcmill2006
destmcmill2006 destmcmill2006
  • 28-02-2021
Public finance can be defined as the study of government activities, it includes spending, deficits, and taxation.
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sahara68
sahara68 sahara68
  • 28-02-2021

Explanation:

Government finance is important to achieve sustainable high economic growth rate. The government uses the fiscal tools in order to bring increase in both aggregate demand and aggregate supply. The tools are taxes, public debt, and public expenditure and so on.

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