Economics · Public Finance
According to the Peacock-Wiseman hypothesis, public expenditure grows over the long run primarily:
- 1In a smooth, linear, and continuous upward manner
- 2In discrete jerks or step-like fashions due to socio-economic upheavals✓
- 3In an erratic, highly unpredictable zigzag pattern
- 4In a strictly cyclical pattern aligned with global trade waves
Correct answer
In discrete jerks or step-like fashions due to socio-economic upheavals
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Public Finance?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Public Finance