Peacock and Wiseman Hypothesis on Public Expenditure Consists of Three

question 5

Multiple Choice

Peacock and Wiseman Hypothesis on public expenditure consists of three concepts which are:

• A)subscription effect, tax effect, expenditure effect
• B)tax effect, expenditure effect, consumption effect
• C)displacement effect, concentration effect, inspection effect
• D)consumption effect, labour effect, income effect

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Definitions:

CBT

Cognitive Behavioral Therapy, a type of psychotherapeutic treatment that helps patients understand the thoughts and feelings that influence behaviors.

Mindfulness

A mental state achieved by focusing one’s awareness on the present moment, while calmly acknowledging and accepting one's feelings, thoughts, and bodily sensations.

Present Moment

Focuses on the current point in time, emphasizing awareness and mindfulness of one's thoughts, feelings, and surroundings without distraction from past or future concerns.

Cognitive Theorists

Psychologists who study how our thought processes influence behavior and emotions, focusing on learning, memory, perception, and decision-making.