Using a diagram discuss substitution effect and income effect of inferior goods

Differentiate between inflationary gap and deflationary gap

Differentiate between EX-ante saving and EX-ante investment

Discuss what happen when there is excess demand in the market. I need a through explanation of 300 and above words

Explain with through explanation and original knowledge what happen when the demand Is deficit in the market

The Classical theory of Income and Employment states that full employment is a normal feature of a capitalist economy Explain

The classical theory of employment rules out the possibility of unemployment in a free market economy discuss.

According to classical economists the economy would never be in a full employment equilibrium explain why.

Keynesian theory of employment is based on the concept of effective demand.

What is classical theory of income and employment?