CUET Economics - A shock absorber which makes disposable income, and thus consumer spending, less sensitive to fluctuations in GDP is called. | PYQs + Solutions

CUET Economics 2025 29 May Shift 2

Macro

Easy

Discretionary fiscal policy.

Government expenditure multiplier.

Automatic stabiliser.

Tax multiplier.

✅ Correct Option: 3

Related questions:

3 June Shift 2

Arrange the following events in chronological order as per the time period.

(A) Gender Budgeting.

(B) Fiscal Responsibility and Budget Management Act.

(D) Goods and Service Tax.

Choose the correct answer from the options given below:

16 May Shift 1

Due to recessionary pressure in an economy, suppose the government plans a deficit budget for a given financial year.

Identify the correct sequence in which this will affect the economy.

(A) Taxes will be reduced, and public spending will increase.

(B) GDP will start rising.

(D) The purchasing power of the people will increase.

Choose the correct answer from the options given below:

22 May Shift 2

Fiscal Responsibility and Budget Management Act (FRBMA) was framed in which year.

CUET Economics 2025 29 May Shift 2 PYQs