In Keynes theory of employment and income, ………….. is the basic cause of economic depression.
J.B. Say is a …………………….
According to classical theory, rate of interest is a reward for ……
The basic concept used in Keynes Theory of Employment and Income is…………….
Keynes attributes unemployment to…………..
Say’s law stressed the operation of…………. in the economy.
According to Keynes, which type of unemployment prevails in capitalist economy ?
The component of aggregate demand is ………….
The core of the classical theory of employment is ………
Keynes theory emphasized on_________equilibrium.
Classical theory advocates _________________
In disguised unemployment, the marginal productivity of labour is …..
Keynes theory pursues to replace laissez faire by …………
Aggregate supply is equal to …………
Every able bodied person who is willing to work at the prevailing wage rate is employed called as ……….
…………… theory is a turning point in the development of modern economic theory.
In Keynes theory , the demand for and supply of money are determined by_____________
The main concention of the Classical Economic Theory is ……..
Structural unemployment is a feature in a ………..
………. Flexibility brings equality between saving and investment.