Public Economics Multiple Choice Questions and Answers

181. Who is the father of Public Finance

1. Dalton
2. Pigou
3. Smith
4. Musgrave

182. Who proposed the Zero-based budgeting for the first time

1. David Ricardo
2. Alfred marshall
3. Adam Smith
4. Peter Phyrr

183. Wiseman-Peacock hypotheses supports in a much stronger manner the possibility of

1. An upward trend in public expenditure
2. A downward trend in public expenditure
3. A constancy of public expenditure
4. A mixed trend in public expenditure