Public Finance and Public Choice Theory Quiz
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Questions and Answers

Explain the meaning of public finance

Public finance is the study of the role of the government in the economy, including the government's revenue and expenditure

Identify the scope of public finance in Ghana

The scope of public finance in Ghana includes fiscal policy, public expenditure, public revenue, and debt management

Mention the reasons for studying public finance

The reasons for studying public finance include understanding government economic policies, evaluating government interventions, and analyzing the impact of government decisions on the economy

Explain the activities of government under public finance

<p>The activities of government under public finance include budgeting, taxation, public spending, and debt management</p> Signup and view all the answers

Define Public Choice Theory and explain what it entails

<p>Public Choice Theory is the application of economic theories and methods to analyze political behavior, including the decision-making processes of government and the behavior of voters and politicians</p> Signup and view all the answers

Explain the meaning of public finance

<p>By the end of this session you should be able to</p> Signup and view all the answers

Identify the scope of public finance in Ghana

<p>Mention the reasons for studying public finance</p> Signup and view all the answers

Explain the activities of government under public finance

<p>Define Public Choice Theory and explain what it entails</p> Signup and view all the answers

Explain how Public choice applies the theories and methods of economics to the analysis of political behaviour

<p>Identify the various institutions of public choice and the role they play in public finance</p> Signup and view all the answers

Motivations for Studying Public Finance

<p>The key topics to be covered in this session are as follows</p> Signup and view all the answers

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