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Theories of Employment and Income - Two Marks Study Materials

12th Standard

    Reg.No. :
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Economics

Time : 01:00:00 Hrs
Total Marks : 30
    15 x 2 = 30
  1. Define full employment.

  2. What is the main feature of rural unemployment ?

  3. Give short note on frictional unemployment.

  4. Give reasons for labour retrenchment at present situation.

  5. List out the assumptions of Say’s law.

  6. What is effective demand?

  7. What are the components of aggregate supply?

  8. What are the four components of aggregate demand?

  9. Write a short note on Seasonal Unemployment.

  10. What is Technical Unemployment?

  11. Write any two Criticisms of Say’s Law.

  12. What is Aggregate demand?

  13. Write a note on “wage-price rigidity” Keynes.

  14. Comment : “Self-Adjustment not Possible”

  15. What is the main criticism of Keynes on Classicals?

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