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PUBLIC FINANCE - Coggle Diagram
PUBLIC FINANCE
INTRODUCTION
government's activity in the economy
field of investigation
government revenue
government expenditure
effects
explain
how to collect money
how the money is spent
effects
allocation of resources
distribution of income
macroeconomic stabilization
share of GDP
high level of
effectiveness
level of results
achievement of the aim
efficienty
time
costs
achive the tasks
needed
private markets
don't produce enought
goods
services
equality
transfer income
from rich
to poor
correct market economy
ensure economic growth