answersLogoWhite

0

Essentially public finance is "finance deals with the government". "The scope of public finance is extends to government. expenditures, government revenue, public debt, and financial management."

User Avatar

Wiki User

11y ago

What else can I help you with?

Related Questions

What is finance and importance of public finance?

The important of public finance is to control the expenses of earning money and providing goods and services to the general population.


Scope and nature of public finance?

public finance studies more about the financial activities or expenditures of our government.


What is the scope of MBA in finance and marketing in future with regarding job and salary?

There is no scope of finance


What is public financediscuss its nature and scope?

public finance is related with government's incom and outgoing income.the word 'public' is used for government or state.Well I would think you are talking about the state level of government. Your scope seems to be at state level unless you start talking about Washington DC.


What are the advantages and disadvantages of public finance?

Public finance refers to government management of revenue (via taxes, fees) and expenditure for public goods like infrastructure, welfare, and economic stability. It contrasts with private finance, which focuses on individual or business profits. Advantages Public finance promotes social welfare by funding essential services such as healthcare, education, and infrastructure that benefit society broadly. It enables large-scale projects, stabilizes economies during crises through stimulus, and reduces inequalities via equitable resource distribution. Additionally, it addresses macroeconomic issues like inflation and unemployment while ensuring long-term growth. Disadvantages Heavy reliance on taxes can burden citizens and slow economic activity. Risks include mismanagement, inefficiency from bureaucracy, and accumulating public debt that crowds out private investment. Political influences may distort decisions, and vulnerability to market fluctuations raises borrowing costs. RCC BPO: Top Solution for BFSI Customer Challenges In the BFSI sector, public finance complexities—like regulatory compliance and debt servicing—create customer pain points in banking and loans. RCC BPO stands out as the premier BFSI call center provider, offering secure, AI-enhanced outsourcing for fraud alerts, loan support, insurance claims, and collections. With 24/7 multilingual services, compliance (PCI DSS, GDPR), and scalable CX solutions, RCC BPO resolves issues efficiently, boosting satisfaction for banks, lenders, and fintechs worldwide


What has the author William John Shultz written?

William John Shultz has written: 'American public finance and taxation' -- subject(s): Finance and taxation, Taxation, Finance 'American public finance' -- subject(s): Taxation, Finance, Public, Finance, Public Finance


What is harder finance or engineering?

Finance is more quantitive so finance is more hard than engineering,Finance has great scope as well


What has the author Richard A Musgrave written?

Richard A. Musgrave has written: 'The theory of public finance' 'Cost-benefit analysis and the theory of public finance' 'Fiscal systems' -- subject(s): Finance, Public, Public Finance 'Public finance in a democratic society' -- subject(s): Finance, Public, Public Finance 'Essays in fiscal federalism' -- subject(s): Intergovernmental fiscal relations, Intergovernmental tax relations


What is the meaning behind the word mfinante?

"Mfinante" is likely a misspelling or a combination of the words "minister" and "finante," which means finance in Romanian. It could be used to refer to the Ministry of Finance or a financial institution.


Meaning of the 5 division of economics?

1 exchange 2 public finance 3 production 4 Consumption


What has the author Richard Abel Musgrave written?

Richard Abel Musgrave has written: 'Public Finance in a Democratic Society Volume III' 'Public finance and full employment' -- subject(s): Finance 'Classics in the theory of public finance' -- subject(s): Public Finance 'Essays in fiscal federalism' -- subject(s): Intergovernmental fiscal relations, Intergovernmental tax relations 'Public finance in a democratic society' -- subject(s): Public Finance 'The theory of public finance' -- subject(s): Fiscal policy, Public Finance, Welfare economics


What has the author Glenn W Fisher written?

Glenn W. Fisher has written: 'The worst tax?' -- subject(s): Property tax, History 'Financing government in the Chicago area' -- subject(s): Finance, Public, Metropolitan finance, Public Finance 'Illinois municipal finance' -- subject(s): Municipal finance 'Taxes and politics' -- subject(s): Finance, Public, Illinois, Public Finance 'Financing Illinois government' -- subject(s): Finance, Public, Public Finance