Economy, asked by jenivivadalmeida, 1 year ago

Classical theory of employment

Answers

Answered by smishra01

the tendency of the economic system is to automatically provide full employment in the labour market when the demand and supply of labour are equal. ... The basis of the classical theory is Say's Law of Markets which was carried forward by classical economists like Marshall and Pigou.

thanks

Previous Question

Next Question

Similar questions

English, 6 months ago

blurt out ........... use this in a sentence...

Social Sciences, 6 months ago

what is the main criterion used by the world bank in classifying different countries? what are the limitations of the above criterion, if any?

Biology, 6 months ago

Write about the introduction of mammalian bone.

Math, 1 year ago

Prove that: (sin0+cos0) (tan0+cot0) sec 0 + co sec 0...