Define full employment.

What is the main feature of rural unemployment ?

Give short note on frictional unemployment.

List out the assumptions of Say’s law.

What is effective demand?

Give short note on Cyclical unemployment?

What are the four components of aggregate demand?

Write a short note about Keynes theory?

What is unemployment?

List various types of unemployment.

What is Cyclical Unemployment?

Mention few names of Classical theory.

Write any two Criticisms of Say’s Law.

Comment : “Self-Adjustment not Possible”

What is the main criticism of Keynes on Classicals?