CUET Economics - When there is unexpected rise in the sales | PYQs + Solutions

CUET Economics

Macro

Easy

Aggregate demand would decline.

There will be unplanned accumulation of inventories.

There will be unplanned depletion of inventories.

Normal profit would be lower.

✅ Correct Option: 3

Related questions:

29 May Shift 1

Suppose in a hypothetical economy ,the income rises from ₹5000 crores to ₹6000 crores. As a result, the consumption expenditure rises from ₹4000 cores to ₹4600 crores. Then what will be the marginal propensity to consume?

22 May Shift 1

Arrange the following statement considering the effects on total income and output when the government purchases (G) increase keeping taxes constant.

(A). Planned aggregate expenditure will increase.

(B). When G exceeds T, the government runs a deficit.

(C). Equilibrium income will increase.

(D). Aggregate demand schedule shifts rightward.

Choose the correct answer from the options given below:

31 May Shift 1

Among the following, what is assumed as the appropriate justification for taking the price level as fixed?

An economy with unskilled workforce.
An economy having scarcity of resources.
An economy with excess use of resources.
An economy with unused resources.

CUET Economics PYQs

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