CUET Economics 2025 29 May Shift 1 PYQs

In the closed economy the ex ante aggregate demand for final goods is the sum total of:

When the marginal propensity to consume is given as $0.5$. What is the tax multiplier?

Among the following, what is assumed as the appropriate justification for taking the price level as fixed?

1. An economy with unskilled workforce.
2. An economy having scarcity of resources.
3. An economy with excess use of resources.
4. An economy with unused resources.