Question

1. Theroy of Unemployment...
2.Theroy of National Income...​

Answer 1

Answer:

The state of being without any work yet looking for work is called unemployment. Economists distinguish between various overlapping types of and theories of unemployment, including cyclical or Keynesian unemployment, frictional unemployment, structural unemployment and classical unemployment.

The theory of determination of national income is concerned with finding out the equilibrium level of national income, i.e., the level of national income at which the purchasing and production plans of the economy are synchronised. .

thnku kyu siso ❤

Answer 2

Answer:

1. Theroy of Unemployment

The state of being without any work yet looking for work is called unemployment. Economists distinguish between various overlapping types of and theories of unemployment, including cyclical or Keynesian unemployment, frictional unemployment, structural unemployment and classical unemployment.

U = number of unemployed: u = rate of unemployment = U / LF

E = number employed: e = rate of employment = E / LFpop.

Pop = total population: LF = labor force = U + E

2. Theroy of National Income...

The theory of determination of national income is concerned with finding out the equilibrium level of national income, i.e., the level of national income at which the purchasing and production plans of the economy are synchronised.