Question

Concepts of displacement and concentration effect in public expenditure are attributed to

  1. A.C. Pigou and J.K. Mehta

  2. Alan T. Peacock and Jack Wiseman

  3. Kenneth Arrow and Paul A. Samuelson

  4. A.R. Prest and I.M.D. Little

Codes :

A a and b Correct Answer Incorrect Answer
B b Correct Answer Incorrect Answer
C a, b, c Correct Answer Incorrect Answer
D a, b, c, d Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

Concepts of displacement and concentration effect in public expenditure are attributed to Alan T. Peacock and Jack Wiseman.

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