CUET EconomicsMacro > Easy₹ 4000 crore₹ 20 crore₹ 400 crore₹ 160 crore✅ Correct Option: 4Related questions:15 May Shift 1Aggregate output is determined solely by the level of aggregate demand. This is known as effective demand principle. Which of the following is not the assumptions behind this principle?31 May Shift 1Match List-I with List-II List-IList-II(A) An increase in proportional taxes(I) Decreases consumption by MPC times the change in taxes.(B) An increase in lump-sum taxes(II) Automatic Stabilizer.(C) Proportional income tax(III) Aggregate demand curve shift inwards.(D) Lump sum taxes(IV) Do not depend upon income. Choose the correct answer from the options given below: (A) - (I), (B) - (II), (C) - (III), (D) - (IV) (A) - (I), (B) - (III), (C) - (II), (D) - (IV) (A) - (III), (B) - (I), (C) - (II), (D) - (IV) (A) - (III), (B) - (I), (C) - (IV), (D) - (II) 3 June Shift 2When autonomous investment increases, the aggregate demand curve shifts?