Question 31 of 33
Q.Keynes theory emphasized on ______ equilibrium.
(a) Very long run
(b) Very short run
(c) Long run
(d) Short run
Puducherry TnboardTamil Nadu HSC (DGE) Commerce Board 2026MCQ· 1mImportance★★★★★
94% · 31/33 Questions
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Start your 14-day free trial to unlock the full solution →Keynes focused on short-run equilibrium, so the answer is (d).
In the theories of employment and income topic of the Tamil Nadu HSC Commerce syllabus, the classical economists believed that in the long run the economy always tends towards full-employment equilibrium (Say's Law).
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