Question

Which of the following is true for the Classical Theory of Employment?

विकल्प

• State of full employment in the economy

• No possibility of over-or under-production in the economy

• Both States of full employment in the economy and No possibility of over-or under-production in the economy.

• None of the above

Answer 1

Both States of full employment in the economy and No possibility of over-or under-production in the economy.