Trickle down theory of development holds that:
A. Global prosperity spreads to domestic economy.
B. Development spreads downwards through greater demand for labour.
C. Rate of growth of economy is inversely proportional to the rates of taxation.
D. None of the above.
Answer:B
Trickle down theory of development holds that:
A. Global prosperity spreads to domestic economy. B. Development spreads downwards through greater demand for labour. C. Rate of growth of economy is inversely proportional to the rates of taxation. D. None of the above.