CUET Economics - ______ level of income is that level of income where all the factors of production are fully employed in the production process. | PYQs + Solutions

CUET Economics 2025 27 May Shift 2

Macro

Easy

Aggregate supply.

Aggregate demand.

Full employment.

Total Income.

✅ Correct Option: 3

Related questions:

2 June Shift 1

Match List-I with List-II

List-I	List-II
(A) Marginal Propensity to Consume	(I) C/Y
(B) Marginal Propensity to Save	(II) ΔC/ ΔY
(C) Average Propensity to Save	(III) S/Y
(D) Average Propensity to Consume	(IV) ΔS/ ΔY

Choose the correct answer from the options given below:

14 May Shift 1

Match List-I with List-II

List–I	List–II
(A) Marginal propensity to consume	(I) ΔS/ΔY
(B) Marginal propensity to save	(II) ΔC/ΔY
(C) Average propensity to consume	(III) S / Y
(D) Average propensity to save	(IV) C / Y

Choose the correct answer from the options given below:

27 May Shift 2

The equilibrium level of output may be more or less than the full employment level of output. If it is less than the full employment of output, it is due to the fact that demand is not enough to employ all factors of production. This situation is called ......

CUET Economics 2025 27 May Shift 2 PYQs

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