Consider the following statements A government may cover up the deficit by1. Withdrawing its cash balances from the central bank of the country.2. borrowing from the central bank and commercial banks.3. printing new money. Of these statements

Public finance is the study of the role of the government in the economy. It is the branch of economics that assesses the government revenue and government expenditure of the public authorities and the adjustment of one or the other to achieve desirable effects and avoid undesirable ones.