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