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Theories of Employment and Income 3 Mark Creative Question Paper With Answer Key

12th Standard

    Reg.No. :
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Economics

Time : 02:00:00 Hrs
Total Marks : 39

    3 Marks


    13 x 3 = 39
  1. Explain the classical theory about unemployment?

  2. Write a short note on effective demand?

  3. Give the factors on which the aggregate demand depends.

  4. Write the criticism of Say's Law.

  5. What are the components of aggregate supply?

  6. Distinguish between Fictional and Structural unemployment.

  7. Comment - “Ex ante and Ex post in Says’ Law".

  8. Write a note of John Maynard Keynes.

  9. Aggregate Demand Function (ADF) – Explain.

  10. Explain how it might be possible for the unemployment rate to decline even though the number of unemployed is growing

  11. What are the economic costs of unemployment?

  12. Explain the classical theory of employment.

  13. Explain Say's law of market.

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