CUET Economics - Excess demand is the situation where ...... | PYQs + Solutions

CUET Economics 2025 13 May Shift 1

Macro

Easy

Output level is less than the full employment level.

Output level is equal to the full employment level.

Demand is more than output level at full employment level.

Output level is marginally increasing.

✅ Correct Option: 3

Related questions:

21 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Marginal propensity to save	(I) Slope of consumption function
(B) Marginal propensity to consume	(II) Value is 1 at the break even point of the economy
(C) Investment Multiplier	(III) Reciprocal of marginal propensity to save
(D) Average propensity to consume	(IV) 1- c

Choose the correct answer from the options given below:

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When income is more than consumption, then value of Average Propensity to Save (APS) is.

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Rearrange the given statements in proper chronological sequence in an ascending order (earliest to latest):

CUET Economics 2025 13 May Shift 1 PYQs