CUET Economics - If aggregate demand changes, the equilibrium level of income changes. This can happen in any one or combination of the following situations: (A) Change in consumption. (B) Multiplier Effect. (C) Substitute Effect. (D) Change in Investment. Choose the correct answer from the options given below: | PYQs + Solutions

CUET Economics 2025 13 May Shift 2

Macro

Medium

(A) and (D) only

(B) and (C) only

(A), (B), (C) and (D)

(A) and (D) only

✅ Correct Option: 1,4

Related questions:

30 May Shift 2

By what value equilibrium output and aggregate demand will change, when the value of parameter c changes from 0.8 to 0.5 at a given A = 50?

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The level of output is determined by the .....

22 May Shift 1

Which of the following statements are true:

(A). Average propensity to consume is the change in consumption per unit to change in income.

(B). Ex-ante depicts what has been planned.

(C). Ceteris paribus means 'other things remain equal'.

(D). Ex-post depicts what has actually happened.

Choose the correct answer from the options given below:

CUET Economics 2025 13 May Shift 2 PYQs