CUET EconomicsMacro > Easy(A) and (D) only(A) and (C) only(B) and (D) only(C) and (D) only✅ Correct Option: 2Related questions:13 May Shift 2If 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. (C) Substitute Effect. (D) Change in Investment. Choose the correct answer from the options given below:22 May Shift 1Which of the following statements are true: (A). Average propensity to consume is the change in consumption per unit to change in income. (B). Ex-ante depicts what has been planned. (C). Ceteris paribus means 'other things remain equal'. (D). Ex-post depicts what has actually happened. Choose the correct answer from the options given below:27 May Shift 2______ level of income is that level of income where all the factors of production are fully employed in the production process.