Peacock and Wiseman Hypothesis on public expenditure consists of thre – McqOptions

MCQOPTIONS

1.	Peacock and Wiseman Hypothesis on public expenditure consists of three concepts which are:
A.	subscription effect, tax effect, expenditure effect
B.	tax effect, expenditure effect, consumption effect
C.	displacement effect, concentration effect, inspection effect
D.	consumption effect, labour effect, income effect
Answer» D. consumption effect, labour effect, income effect

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