The subject matter of public economics falls into the two general categories of _____ and _____.
A)public interest;private interest
B)coercion action;individual liberty
C)revenue generation;government spending
D)civilian activities;military duties

Question

Quizplus · Accepted Answer

Public economics deals with two broad categories, revenue generation through taxation and government spending on public goods and services. This field of economics studies how to balance the need for public expenditure with the limited resources available to governments, and explores the effects of taxation and government spending policies on the economy as a whole.

The Subject Matter of Public Economics Falls into the Two