Advertisements
Advertisements
Question
The main contention of the Classical Economic Theory is______.
Options
Under employment
Economy is always in the state of equilibrium
Demand creates its supply
Imperfect competition
MCQ
Fill in the Blanks
Solution
The main contention of the Classical Economic Theory is Economy is always in the state of equilibrium.
shaalaa.com
Effective Demand
Is there an error in this question or solution?
APPEARS IN
RELATED QUESTIONS
Keynes attributes unemployment to______.
The component of aggregate demand is______.
Aggregate supply is equal to______.
What is effective demand?
What are the components of aggregate supply?
What do you mean by aggregate demand?
Mention its components.
Aggregate demand
Explain aggregate supply with the help of a diagram.
Narrate the equilibrium between ADF and ASF with a diagram.
