Economics · Public Finance
Who propounded the hypothesis that public expenditure increases in jerks and steps (displacement effect) rather than in a continuous manner?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1C. F. Bastable
- 2Wiseman and Peacock✓
- 3A. Wagner
- 4H. Dalton
Correct answer
Wiseman and Peacock
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