Question 39
Public FinanceThe objective of public finance is to promote
- A.full employment, national income and price stability
- B.government revenue drive and expenditure to as high a level as possible
- C.the expansion of government social services
- D.government revenue drive and minimize government expenditure
Show the answer and explanation
Answer: A (full employment, national income and price stability)
Explanation
Government uses taxes and spending to achieve full employment, growth of national income and stable prices.