At a particular price level, when aggregate demand for final goods equals aggregate supply of final goods, the product market reaches to its __________. Option 1: Ex-ante consumption Option 2: Autonomous consumption Option 3: Investment multiplier Option 4: Equilibrium level

The answer is 'Equilibrium level'. View full solution:

CUET Economics - At a particular price level, when aggregate demand for final goods equals aggregate supply of final goods, the product market reaches to its __________. | PYQs + Solutions

CUET Economics

Macro

Easy

Ex-ante consumption

Autonomous consumption

Investment multiplier

Equilibrium level

✅ Correct Option: 4

Related questions:

CUET Economics 2023 Slot 5

Ex ante consumption implies :

16 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Average Propensity to Consume	(I) It is the savings per unit of income
(B) Marginal Propensity to Consume	(II) It is the consumption per unit of income
(C) Average Ppropensity to Save	(III) It is the change in savings per unit change in income
(D) Marginal Propensity to Save	(IV) It is the change in consumption per unit change in income.

Choose the correct answer from the options given below:

26 May Shift 2

In an imaginary economy, the planned spending falls short of planned output at a certain level of employment. Arrange the following consequences of the same in sequential order.

(A) Unintended accumulation of inventories.

(B) The employment level falls.

(D) Producers plan to produce less in the next period.

Choose the correct answer from the options given below:

CUET Economics PYQs

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