The goal of public finance is to:
A) understand the proper role of corporations in the economy.
B) understand the proper role of the government in the economy.
C) determine the best way to increase government's role in the economy.
D) determine the best way to decrease government's role in the economy.

Question

Quizplus · Accepted Answer

Public finance is concerned with the role of the government in the economy, specifically in terms of how to finance public expenditures and how to align government policies with economic goals such as promoting growth and reducing inequality. Option A is more closely related to corporate finance, while options C and D both focus on increasing or decreasing government involvement, rather than understanding the appropriate role of government.

The Goal of Public Finance Is To