Questions

J.M Keynes’ theory of employment is a demand-deficient theory. This means that Keynes visualised employment from the demand side of the model. His theory is a demand-oriented approach, as opposed to the classical supply side model.

According to him,the volume of employment in a country depends on the level of effective demand of people for goods and services. Thus, unemployment is attributed to the deficiency of effective demand.

The more interesting’ needs to be replaced with ‘the most interesting’. This is because, when making comparison between two or more things, the superlative degree is used and not the comparative degree Thus, the correct formation would be, ‘This book is the most interesting of the three’.