The movement from older level of expenditure and taxation to a new and higher level is called | Faculties

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Gopal Sharma

🎓 Tutor III ⭐ 38.32K Points

📊 Public Finance

Q. The movement from older level of expenditure and taxation to a new and higher level is called

(A) concentration effect
(B) inspection effect
(C) displacement effect
(D) none of these

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✅ Correct Answer: (C) displacement effect

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