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What does public finance mean? - Economics

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What does public finance mean?

What is public finance?

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Solution

Public finance is the study of the financial aspects of the government. The various financial aspects which are studied by Public finance are the revenues, expenditure and debts of the central, state and local governments and their financial administration.

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Chapter 16: Fiscal Policy - TEST YOURSELF QUESTIONS [Page 324]

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Frank Economics [English] Class 12 ISC
Chapter 16 Fiscal Policy
TEST YOURSELF QUESTIONS | Q 1. | Page 324
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