Trickle Down Theory of Development holds that
(1) Global prosperity spreads to domestic economy
(2) Development spreads downward through more demand for labour
(3) Rate of growth of taxation is not related to economic
growth rate
(4) None of the above
Answer / guest
( 2 ) Development spreads downward through more demand for
labour
| Is This Answer Correct ? | 8 Yes | 2 No |
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