CUET Economics - Identify which of the following statements is true about the final goods? | PYQs + Solutions

CUET Economics 2025 29 May Shift 2

Macro

Easy

Passes through the stages of production.

Undergo transformation by the action of the retailer.

A product that will not pass through any more stages of production or transformation.

Resale of the product by traders.

✅ Correct Option: 3

Related questions:

3 June Shift 1

Arrange the following steps in calculation of national income, by income method in correct sequence.

(A) Add net factor income from abroad to arrive at national income.

(B) Estimate the factor income paid by each sector.

(D) Calculating domestic factor income.

Choose the correct answer from the options given below:

26 May Shift 2

There are 2496 students in a school as on 1st April 2023. During the session, there were 186 new admissions whereas 43 students withdrew from the school. At the end of the session, there were 2539 students in the school, out of whom 1800 were boys and the rest were girls. In this case, which of the following figures represent a flow variable?

CUET Economics 2023 Slot 6

Calculate compensation of employees from the following items:

Items	Rs in Crores
Profit after tax	20
Interest	45
$GDP_{MP}$	200
Goods and service tax	10
Depreciation	50
Rent	25
Corporate tax	5

Choose the correct option.

CUET Economics 2025 29 May Shift 2 PYQs

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