CUET Economics - The level of output is determined by the ..... | PYQs + Solutions

CUET Economics 2025 13 May Shift 1

Macro

Medium

Full Employment.

Excessive Demand.

Marginal Output.

Equality of Income (Y) with Aggregate Demand (AD)

✅ Correct Option: 4

Related questions:

15 May Shift 1

Aggregate 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?

21 May Shift 1

At the present level of employment in a hypothetical economy, the aggregate demand is falling short of aggregate supply. What will be the likely change in the level of national income of this economy?

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.

Choose the correct answer from the options given below:

CUET Economics 2025 13 May Shift 1 PYQs

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