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Define the term public finance. - Economics

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Questions

Define the term public finance.

Define public finance

Definition

Solution 1

The area of economics known as public finance examines how the government makes and spends money. Dalton said, "Public finance is the branch of knowledge which is concerned with the income and expenditure of public authorities."

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Solution 2

Public finance deals with the income and expenditure of public authorities.

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Meaning and Scope of Public Finance
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Chapter 9: Introduction to Public Finance - Exercise [Page 164]

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Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 9 Introduction to Public Finance
Exercise | Q 1. | Page 164
Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 9 Introduction to Public Finance
Exercise | Q 1. | Page 164
Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 9 Introduction to Public Finance
Exercise | Q 2. (i) | Page 164
Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 9 Introduction to Public Finance
QUESTION BANK | Q 1. | Page 164
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