Question

state the Wagner's hypothesis?​

Answer 1

Answer:

The theory holds that for any country, public expenditure rises constantly as income growth expands. ... Wagner's law suggests that a welfare state evolves from free market capitalism due to the population voting for ever-increasing social services as general income levels grow across broad spectrums of the economy.

Answer 2

Explanation:

Wagner's hypothesis states that there exists a positive relationship between state activities and public expenditure. Because of some ambiguity in its functional form, different versions of the hypothesis have come up in the existing literature