The theory of "Maximum Social Advantage" in Public Finance was given by

Post 266

SSC CHSL Questions 2014

Question 171 The theory of "Maximum Social Advantage" in Public Finance was given by

A) Robbins
B) Musgrave

C) Findley

D) Dalten

Answer: Dalton

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Explanation: The theory of "Maximum Social Advantage" was introduced by British economist Hugh Dalton.

Question 172 The value of investment multiplier relates to

A) change in income due to change in autonomous investment.
B) change in autonomous inverstment due to change in income.
C) change in income due to change in consumption.
D) change in the income due to change in induced investment.
Answer: change in income due to change in consumption.

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