to Peacock-Wiseman hypothesis, public expenditure increases overtime in a step-by-step manner. Reason (R): This hypothesis is based on the displacement effect, concentration effect and inspection effect. Select the correct answer from the codes given below: Codes:
A(A) is true, but (R) is falseCorrect AnswerIncorrect Answer
B(A) is false, but (R) is trueCorrect AnswerIncorrect Answer
CBoth (A) and (R) are true, but (R) is not the correct explanation of (A).Correct AnswerIncorrect Answer
DBoth (A) and (R) are true and (R) is the correct explanation of (A).Correct AnswerIncorrect Answer
Solution
Both (A) and (R) are true and (R) is the correct explanation of (A).
