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:

13 May Shift 2

If aggregate demand changes, the equilibrium level of income changes. This can happen in any one or combination of the following situations:

(A) Change in consumption.

(B) Multiplier Effect.

(D) Change in Investment.

Choose the correct answer from the options given below:

3 June Shift 2

Arrange the given case study considering this process of ex-ante to ex-post investment.

(A) At the end of the year, his inventory goes up by Rs 70 only

(B) Due to an unforeseen upsurge in demand for his goods in the market, the volume of sales exceeds

(D) To meet this extra demand, he has to sell goods worth Rs 30 from his stock

Choose the correct answer from the options given below:

29 May Shift 2

In which year, the book 'The Economic Consequences of the Peace' was written by John Maynard Keynes.

CUET Economics PYQs