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12th Standard English Medium Economics Subject Theories of Employment and Income Book Back 3 Mark Questions with Solution

12th Standard

    Reg.No. :
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Economics

Time : 01:00:00 Hrs
Total Marks : 15

    3 Marks

    5 x 3 = 15
  1. Give short answer to the following
    (i) Seasonal unemployment
    (ii) Frictional unemployment
    (iii) Educated unemployment

  2. According to classical theory of employment, how wage reduction solve the problem of unemployment diagramatically explain.

  3. Write short note on the implications of Say’s law

  4. What do you mean by aggregate demand ? Mention its components.

  5. Write any five differences between classicism and Keynesianism.

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