Help With Public Finance Questions and Answers

Public finance is a system of cash flow associated with the implementation of the state’s main functions to maintain macroeconomic equilibrium. For its functioning in the conditions of the market, and consequently of commodity-money relations, the state needs certain funds of monetary resources, which constitutes public finances. If you study this discipline, you should know answers for public finance exam questions in order to pass it successfully.

public finance questions and answers

Public Finance Questions and Answers

  • What do public finances consist of? Public finances consist of federal and local budgets, finance of state enterprises and extra-budgetary funds.
  • What is the state budget? The state budget is the most important instrument of state regulation of the economy.
  • What are the prerequisites for the formation of public finances? Prerequisites for the formation of public finances are as follows:
  1. Monetary economy.
  2. The usage of developed forms of money in the economy.
  3. Creation of the system of forming public needs.
  4. Establishment of a system for ranking expenditures for public needs.
  • What are public finances in the context of non-democratic political systems? In the context of non-democratic political systems (monarchy, dictatorship, oligarchy), public finances are the personal treasury of a ruler or rulers; in democratic societies, including constitutional monarchies, state finances are managed by parliaments and ministries of finance subordinate to them.
  • What are the differences between public and government needs? In any country, the public, in the broadest sense of the word, and government needs do not always coincide; there are certain differences between them. State needs, as a rule, are of an indirect nature, since the population (individuals, families, various groups) can not directly feel these needs and do not express a desire to satisfy them. For example, the needs for maintaining the army, foreign intelligence, command staff (state officials) or such scientific needs as the creation of devices for thermonuclear fusion are far from the daily needs of citizens. To determine such needs, elective legislative and executive bodies of state power are needed.
  • What determines the volume, structure, and orientation of public finances? The volume, structure, and orientation of public finances are determined by special elected bodies (legislative and executive).
  • What do public finances serve? Public finances as a set of monetary relations serve, as a rule, the interests of society as a whole, first of which the needs that are peculiar to society, understood as a single complex system.
  • What are the functions of public finances? Like finances in general, public finances perform distribution and control functions.
  • Are public finances dynamic? Finance as a system of public relations is quite dynamic. Legislatively, changes can be made both to the process of forming incomes, and to items of expenditure. Intergovernmental relations can be changed. Such changes are made for the purpose of implementing a particular financial policy.
  • What is the financial policy of the state? The financial policy of the state is a set of measures aimed at achieving the goals declared by public authorities in the field of finance.
  • What is the difference between financial and monetary policy? The distinction between financial and monetary policy is due to the fact that the measures implemented within them are carried out by two formally independent state institutions – the Ministry of Finance and the Central Bank. The toolkit (set of methods) of this and other policies is fundamentally different. In addition, the results of financial and monetary policy may contradict each other.
  • What is the key element of macroeconomic policy? Financial and monetary policy is a key element of macroeconomic policy in the market environment.
  • What are aspects of financial policy? In financial policy, two aspects can be distinguished: purely monetary and general economic aspects. The first is understood as the impact on the economy of the money supply falling into circulation due to a budget deficit; under the second aspect, the impact of public procurement is understood.

Help With Public Finance Exam Questions and Answers

mcq on public finance

If you are looking for finance homework solutions, then is the service you need. Our service occupies the leading place on the market. Successful studying is impossible without the qualified assistance that you can get on our site.

Our chosen expert can find an answer to any mcq on public finance. Obviously, our site serves as a basis for satisfying various customers’ needs. Our service was created to help students from all over the world with different types of assignments. We can say that our assistance is objectively necessary, since we can help you to get high grades.

Our experts possess knowledge of finance at various levels – from household and enterprise to the state. Due to the basis of knowledge of this science, it is possible for our experts to deal with different assignments. Without our qualified assistance, it will be rather difficult for you to get high grades.

Our service can play an important role in your future success in study. If you want to place an order on our site, you need to fill in your requirements and set the deadline. If you don’t have time to deal with your assignment, don’t worry – our expert will complete it even before the deadline. As a result, our service can save your time greatly.

We know that students can’t spend much money on services like ours. We have reasonable prices, so any student can afford using our service. However, we never compromise on quality. Providing a high level of assistance is fundamentally important to our service. The above-mentioned circumstances contribute to our good reputation among students.

If you are using our service for the first time, don’t worry – your personal information will be secure and never passed to third parties. No one will know that you have used our service. With our help, you can forget about the long process of completing your homework. Today, we can offer assistance not only with finance, but with other subjects as well, such as chemistry, IT, biology, and so on.

If you use our service, you will not only receive a better assignment than what you could potentially do yourself, but you will also save your time and effort. If you want to contact an expert and ask any questions, you can do it directly via chat. Also, in this way, you can offer your suggestions and new instructions to the order.

We can turn your low grades into higher ones. Our experts know what your professor wants to see in your assignment – that’s why our customers get high grades for tasks done by our experts. Our customers remain satisfied with our service. You can see it for yourself if you look at our page with testimonials. You can leave your feedback as well after the process of completing your assignment is finished. The prices on our site depend on your requirements and the deadline. Moreover, you can select an expert on your own or our manager will assign the most suitable one for your order. You can find different experts on our site who are knowledgeable in different fields of study.

Make your studying easier by using our assistance! Include all of your requirements in the order form and wait for high-quality assignment help.

Leave a Reply

Your email address will not be published. Required fields are marked *

Customer testimonials

Submit your instructions to the experts without charge.