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    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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