__________ refers to that level of aggregate demand, which can be met by the corresponding supply in the economy. Option 1: Autonomous consumption Option 2: Effective demand Option 3: Excess demand Option 4: Deficient demand

The answer is 'Effective demand'. View full solution:

CUET Economics - __________ refers to that level of aggregate demand, which can be met by the corresponding supply in the economy. | PYQs + Solutions

CUET Economics 2025 2 June Shift 1

Macro

Easy

Autonomous consumption

Effective demand

Excess demand

Deficient demand

✅ Correct Option: 2

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