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:

28 May Shift 2

Identify the situation in which the equilibrium level of output is less than the full employment level of output?

31 May Shift 1

Arrange the following statements in chronological order in respect to the increase in the proportion of income people save.

(A) Marginal propensity to consume decreases.

(B) The level of income decreases.

(D) The aggregate demand curve shifts downwards.

Choose the correct answer from the options given below:

2 June Shift 1

From the given table, identify the level of income, where Average Propensity to Save (APS) becomes zero:

CUET Economics PYQs