The study of government expenditure and tax policy and the impacts of these policies on the economy is called:

Question

Quizplus · Accepted Answer

Public finance is the field of study that focuses on how the government raises and spends money, including taxation, government budgets, borrowing, and debt management. It examines the economic effects of government policies and how these policies can impact income distribution and economic growth. Federal choice and federal deficit are not accurate terms, and public debt specifically refers to the amount of money that the government owes to creditors.

The Study of Government Expenditure and Tax Policy and the Impacts