Public finance is the study of government expenditures and tax policy and their impact on the economy.

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Quizplus · Accepted Answer

Public finance is indeed the study of government expenditures, tax policy, and their effect on the economy. It's a field of economics that focuses on the role of government in the economy, which includes providing public goods and services, redistributing income, and regulating the financial system.

Public Finance Is the Study of Government Expenditures and Tax