Ans.: $- 1 2^{th}$ April 1988 Q.5 Study the following situation and express your opinion Case I Keynes, a British economist in his book the The general theory of employment interest and $m$ published in 1936 , discussed his theory of employment. The theory was published in the post dep period and it was basically a criticism on the classical theory of full employment. Accordingt is a capitalist economy the level of employment depends on effective demand. He emphas is a function of income. At equilibrium effective demand, output income and employment are equal to each other. uestion :

Keynes discussed which theory?
According to keynes employment depends on what?
Explain equilibrium.
Give your opinion about employment.

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April 1988 Q.5 Study the following situation and express your opinion Case I Keynes, a British economist in his book the The general theory of employment interest and

m

published in 1936 , discussed his theory of employment. The theory was published in the post dep period and it was basically a criticism on the classical theory of full employment. Accordingt is a capitalist economy the level of employment depends on effective demand. He emphas is a function of income. At equilibrium effective demand, output income and employment are equal to each other. uestion :

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Question Text	Ans.: $- 1 2^{th}$ April 1988 Q.5 Study the following situation and express your opinion Case I Keynes, a British economist in his book the The general theory of employment interest and $m$ published in 1936 , discussed his theory of employment. The theory was published in the post dep period and it was basically a criticism on the classical theory of full employment. Accordingt is a capitalist economy the level of employment depends on effective demand. He emphas is a function of income. At equilibrium effective demand, output income and employment are equal to each other. uestion :
Topic	Ecology
Subject	Biology
Class	Class 12

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