St. Britto Hr. Sec. School - Madurai
12th Economics Monthly Test - 2 ( Theories of Employment and Income )-Aug 2020
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Write a note on “wage-price rigidity” Keynes.
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Write a note on “wage-price flexibility” of classicals
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Comment - “Ex ante and Ex post in Says’ Law
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Write a short note on effective demand?
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Write the criticism of Say's Law.
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Distinguish between Fictional and Structural unemployment.
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Explain about aggregate supply with the help of diagram.
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Explain how it might be possible for the unemployment rate to decline even though the number of unemployed is growing
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Write a note of John Maynard Keynes
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According to classical theory of employment, how wage reduction solve the problem of unemployment diagramatically explain.
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Explain the differences between classical theory and Keynes theory.
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Critically explain Say’s law of market
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Narrate the equilibrium between ADF and ASF with diagram
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Comparison of Classicism and Keynesianism
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Critically explain Say,s law of market.
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List out all assumption of say's law of market?