According to Peacock and Wiseman’s analysis, public expenditure increases
A. in smooth and continuous manner
B. as time passes
C. in jerks or step like fashion
D. both in the short and long runs
Answer:C
According to Peacock and Wiseman’s analysis, public expenditure increases
A. in smooth and continuous manner B. as time passes C. in jerks or step like fashion D. both in the short and long runs