CUET Economics - Identify the flow variable from the following: | PYQs + Solutions

CUET Economics 2025 30 May Shift 1

Macro

Medium

Annual Expenditure of a school.

Distance between Punjab and Haryana.

Bank balance of Mr. Mukesh as on 31st March 2023.

Investment of Mr. Mohit as on 31st December 2023.

✅ Correct Option: 1

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Any new addition to capital stock in an economy is measured by _________.

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Consider the following statement related to Aggregate Income

(A) Aggregate revenue received by the firms is paid out to the factors of production it is considered as aggregate income.

(B) Aggregate Income can be calculated by calculating the aggregate value of goods and services produced by the firms.

(C) Income is being spent on the goods and services produced by the firms. It takes the form of aggregate expenditure received by firms.

(D) Aggregate Income can not only be calculated through aggregate expenditure. There are other methods that exist.

Which of the following combination of statements best explains the concept of Aggregate Income?

CUET Economics 2025 30 May Shift 1 PYQs