CUET Economics 2025 27 May Shift 2Macro > MediumLaw 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.✅ Correct Option: 4Related questions:13 May Shift 2If aggregate demand changes, the equilibrium level of income changes. This can happen in any one or combination of the following situations: (A) Change in consumption. (B) Multiplier Effect. (C) Substitute Effect. (D) Change in Investment. Choose the correct answer from the options given below:31 May Shift 1Arrange the following statements in sequential order. (A) Aggregate demand will increase. (B) Induce the public to borrow more. (C) Central Bank will decrease the reverse repo rate. (D) Ex-ante aggregate demand is less than Ex-ante aggregate supply Choose the correct answer from the options given below: (A), (B), (C), (D) (A), (C), (B), (D) (D), (C), (B), (A) (A), (B), (D), (C) 22 May Shift 1A decrease in autonomous spending causes aggregate output of final goods to .................... through the multiplier process.