PUBLIC FINANCE QUIZ 02152024

refers to the study of how the government raises funds and how it allocates these funds to meet its objectives. It involves the collection of revenue and the expenditure of those funds for public goods and services.

• Public Finance

• Public Revenue

• Financial Analysis

is the study of how the government manages its money

• PUBLIC FINANCE

• FINANCIAL ANALYSIS

• PUBLIC ADMINISTRATION

refers to the funds collected by the government through various sources, primarily taxation

• PUBLIC FINANCE

• PUBLIC REVENUE

• PUBLIC TAX

Governments collect income tax from individuals and businesses based on their earnings.

• TAX

• INCOME TAX

• SALES TAX

A percentage of the price of goods and services is collected as sales tax. This revenue contributes to the government's overall budget and helps finance public projects

• TAX

• INCOME TAX

• SALES TAX

Businesses are taxed on their profits. The revenue generated from corporate taxes is a significant part of public funds and supports government functions.

• CORPORATE TAX

• CUSTOMS TAX

• SALES TAX

Businesses are taxed on their profits. The revenue generated from corporate taxes is a significant part of public funds and supports government functions.

• CORPORATE TAX

• SALES TAX

• CUSTOM DUTIES

refers to the government's spending on various goods, services, and programs to meet the needs of the public and achieve specific policy objectives.

• PRIVATE TAX

• PUBLIC EXPENDITURE

• PUBLIC FINANCE

refers to the total amount of money that a government owes to external creditors and domestic lenders. It is the accumulation of past borrowing by the government to cover budget deficits or finance specific projects when its expenditures exceed revenues.

• PUBLIC FINANCE

• PUBLIC DEBT

• PUBLIC EXPENDITURE

CERTIFICATE OF INDEBTEDNESS

• BONDS

• SHARE

• DIVIDENDS