public finance studies more about the financial activities or expenditures of our government.
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public finance is related with government's incom and outgoing income.the word 'public' is used for government or state.Well I would think you are talking about the state level of government. Your scope seems to be at state level unless you start talking about Washington DC.
Essentially public finance is "finance deals with the government". "The scope of public finance is extends to government. expenditures, government revenue, public debt, and financial management."
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how can effect the changing role of the government to public finance