CUET Economics 2025 27 May Shift 2 PYQs

Marginal Propensity to Consume.

Investment multiplier.

Consumption Multiplier.

Marginal Propensity to Save.

Deficient supply.

Excess demand.

Deficient demand.

Deficient factors of production.

October 2016.

September 2016.

December 2016.

November 2016.

(A), (B), (C) and (D)

(A), (B) and (D) only

(B), (C) and (D) only

(A), (C) and (D) only

Total expenditure - Total Revenue.

Gross fiscal deficit - Net interest liabilities.

Net borrowing at home + Borrowing from RBI + Borrowing from abroad.

Total expenditure - (Revenue receipts + Non-debt creating capital receipts).

Concave.

Downward sloping.

U- shaped.

Convex.

9.55

11

10

10.55

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

(A), (B) and (D) only

(A), (B) and (C) only

(A), (B), (C) and (D)

(B), (C) and (D) only

Total Cost.

Marginal Cost.

Total Revenue.

Average Revenue.

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

(A), (B) and (D) only

(A), (B) and (C) only

(A), (B), (C) and (D)

(B), (C) and (D) only

Aggregate supply.

Aggregate demand.

Full employment.

Total Income.

(A), (B) and (D) only

(A), (B) and (C) only

(A), (B), (C) and (D)

(B), (C) and (D) only

Law of diminishing returns will not apply.

Assuming an economy with unused resources.

Additional output can be produced without increasing marginal cost.

When the quantity produced changes, price does vary.

(A), (B), (C), (D)

(A), (C), (B), (D)

(B), (A), (D), (C)

(C), (B), (D), (A)

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Decreasing Returns to Scale.

Constant Returns to Scale.

Law of Variable Proportions.

Increasing Returns to Scale.

(A), (B) and (D) only

(A), (B) and (C) only

(A), (B), (C) and (D)

(B), (C) and (D) only

Decline in expenditure.

Rise in expenditure.

No change in expenditure.

Small increase in expenditure.

Total Cost.

Opportunity Cost.

Marginal Cost.

Average Cost.

0 < MPC<1

0 < MPC>1

0> MPC<1

0 > MPC>1

Lump-sum taxes.

Direct taxes.

Non-income taxes.

Indirect taxes.

1935

1936

1934

1937

Total Cost - Variable Cost.

Total Revenue - Total Cost.

Variable Cost - Marginal Cost.

Total Revenue - Average Revenue.

Fall.

Rise.

Constant.

Zero.

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (I), (B) - (IV), (C) - (II), (D) - (III)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Expenditure.

Shortage.

Deduction.

Depreciation.

Rivalrous and excludable.

Rivalrous and non-excludable.

Non-rivalrous and non-excludable.

Non-rivalrous and excludable.

(A), (B), (C), (D)

(A), (C), (B), (D)

(B), (A), (D), (C)

(C), (B), (D), (A)

(A), (B), (C), (D)

(A), (C), (B), (D)

(B), (A), (D), (C)

(C), (B), (D), (A)

Downward sloping.

Horizontal.

Vertical.

Upward Sloping.

What is produced and in how much quantities?

How are these goods produced?

Where are these goods produced?

For whom are these goods produced?

(A), (B), (C), (D)

(D), (B), (A), (C)

(B), (A), (D), (C)

(C), (B), (D), (A)

(A), (D), (C), (B)

(A), (C), (B), (D)

(B), (A), (D), (C)

(C), (B), (D), (A)

Rectangular Hyperbola Curve.

L shape Curve.

'U' Shaped Curve.

Downward Straight Line Curve.

Private goods.

Public goods.

Free-goods.

Free-riders.

Giffen goods.

Substitutes goods.

Complementary goods.

Inferior goods.

Decreasing Returns to Scale.

Law of Variable Proportions.

Increasing Returns to Scale.

Constant Returns to Scale.