Practicing Success
According to the theory of John Maynard Keynes, equilibrium is established at which of the following levels? |
Full employment only Less than full employment and full employment Full employment, less than full employment and more than full employment Information insufficient |
Full employment, less than full employment and more than full employment |
According to the Keynesian theory, equilibrium can be established at full employment level, under-employment level and at over full employment level. |