Machines produced in an economy in a given year are a part of ................ Option 1: Consumption goods. Option 2: Normal goods. Option 3: Intermediate goods. Option 4: Final goods.

The answer is 'Final goods.'. View full solution:

CUET Economics - Machines produced in an economy in a given year are a part of ................ | PYQs + Solutions

CUET Economics 2025 29 May Shift 2

Macro

Medium

Consumption goods.

Normal goods.

Intermediate goods.

Final goods.

✅ Correct Option: 4

Related questions:

3 June Shift 2

The aggregate demand function shows the total demand for goods and services at each level of income. The graphical representation of the aggregate demand function will have which of the following features?

(A) It can be obtained by vertically adding the consumption and investment function.

(B) It is parallel to the consumption function i.e., they have the same slope c.

(D) It shows ex ante demand.

Choose the correct answer from the options given below:

CUET Economics 2023 Slot 5

Find out correct one :

(A) MPC is the change in consumption per unit change in income

(B) MPS is the saving per unit of income

(D) APS is the change in saving per unit change in income

Choose the correct answer from the options given below :

CUET Economics 2022 Slot 5

Given the consumption function of an economy C = 200 + 0.25 Y, what is the value of slope of the savings function ?

CUET Economics 2025 29 May Shift 2 PYQs

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