CUET Economics - It is market where economic agents freely exchange their own goods: | PYQs + Solutions

CUET Economics

Macro

Easy

Market economy

Centrally planned economy

Aggregate demand based economy

Aggregate supply based economy

✅ Correct Option: 1

Related questions:

28 May Shift 2

Determination of income and employment of a two-sector model is done by:

(A) Ex-ante aggregate demand for final goods.

(B) Ex-post aggregate demand for final goods.

(D) Constant rate of interest.

Choose the correct answer from the options given below:

22 May Shift 2

Aggregate demand for final goods consists which of the following?

(A) Ex-ante consumption.

(B) Ex-ante Investment.

(D) Effective demand.

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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.

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CUET Economics PYQs