सार्वजनिक व्यय की वृद्धि के संबंध में वाइजमैन-पीकॉक परिकल्पना किस अवधारणा पर आधारित है?

In Peacock-Wiseman hypothesis, the movement from an old level of public expenditure and taxation to a new and higher level during a crisis is called:

Which of the following statements are NOT true regarding Wagner's Law of increasing state activities? A. Wagner's Law is classified as a positive theory of public expenditure. B. Public sector in industrializing nations grows as a proportion of total economic activity with an increase in per capita income and output. C. Proportionate increase in public sector is not constant but increases with the increase in total economic activity. D. The law accounts for the effect of war on public expenditure. E. Public expenditure tends to grow in a step-wise manner. Choose the correct answer from the options given below: