Economics (M.Phil./Ph.D.) 2020 Panjab University Entrance Exam With Answers

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6.

Concepts of displacement and concentration effects in public expenditure are attributed to:

A: A.C. Pigou and J.K. Mehta
B: Alan T. Peacock and Jack Wiseman
C: Kenneth Arrow and Paul A. Samuelson
D: A.R. Prest and IMD Little

The answer is: B