CUET Economics - Match List I with List II | LIST I (Concept under Theory of Income determination) | LIST II (Meaning) | |---|---| | A. Saving < Investment | I. When AD<AS | | B. 1/1-mpc | II. Under employment equilibrium | | C. National income will fall | III. Planned inventory would fall below the desired level | | D. AD=AS at a point less than full employment | IV. Multiplier | Choose the correct answer from the options given below: | PYQs + Solutions

CUET Economics

Macro

Medium

(A) - (II), (B) - (III), (C) - (IV), (D) - (I)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

(A) - (IV), (B) - (II), (C) - (III), (D) - (I)

(A) - (III), (B) - (IV), (C) - (II), (D) - (I)

✅ Correct Option: 2

Related questions:

28 May Shift 2

Arrange the following statement in the context of the effect of an autonomous change in aggregate demand on income and output.

(A) When autonomous investment increases, the aggregate demand shifts in parallel upwards.

(B) Equilibrium level of income depends on aggregate demand.

(D) The output will be greater than the original output.

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 ............... ?

CUET Economics 2024 Slot 1

If the supply of final goods is assumed to be infinitely elastic at constant price over a short period of time, aggregate output is determined solely by the value of aggregate demand. This statement is called _________ Principle.

CUET Economics PYQs

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