CUET Economics - When C = 70 + 0.5Y and I = 40, what is the equilibrium income? | PYQs + Solutions

CUET Economics 2025 28 May Shift 2

Macro

Medium

250

110

220

150

✅ Correct Option: 3

Related questions:

13 May Shift 2

Match List-I with List-II

List-I	List-II
(A) Marginal propensity to consume	(I) Change in savings per unit change in income.
(B) Marginal propensity to save	(II) Savings per unit of income.
(C) Average propensity to consume	(III) Change in consumption per unit change in income.
(D) Average propensity to save	(IV) Consumption per unit of income.

Choose the correct answer from the options given below:

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?

2 June Shift 1

In an economy if all individual increases the proportion of income they save, then arrange following statements in their chronological order.

(A) Marginal propensity to consume decreases.

(B) The level of income decreases.

(D) The aggregate demand curve rotates downwards.

Choose the correct answer from the options given below:

CUET Economics 2025 28 May Shift 2 PYQs

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