CUET Economics - Which of the following is true about the aggregate demand curve in the short run; Choose the correct option: | PYQs + Solutions

CUET Economics

Macro

Medium

Aggregate Demand curve starts from the origin

Aggregate Demand curve makes a positive intercept with the X-axis.

Aggregate Demand curve makes a positive intercept with the Y-axis.

Aggregate Demand curve makes a negative intercept on the Y-axis.

✅ Correct Option: 3

Related questions:

16 May Shift 1

Put the alternatives given below in the sequence in which they occur to reach the equilibrium level of out put given that aggregate demand falls short of aggregate supply.

(A) In this case, the firm has to run down existing inventories, which will lead to a fall in production and hence income.

(B) Stocks will be piling up in the warehouses, causing unintended accumulation of inventories.

(C) Ex- ante demand for final goods falls short of the output of final goods that the producers have planned to produce in a given year.

(D) process continues till Ex- ante demand for final goods equals to ex -ante output of final goods

Choose the correct answer from the options given below:

22 May Shift 2

Assume that the marginal propensity to consume is 0.8. The tax multiplier will then be ............... ?

29 May Shift 2

Savings are that part of income that is not consumed. What is the marginal propensity to save?

CUET Economics PYQs

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