CUET Economics 2025 16 May Shift 1 PYQs

Arrange the following steps of determination of equilibrium income in chronological order if

C = 40 + 0.8Y, I = 10.

(A) Y = C + I

(B) 0.2Y = 50

(C) Y = 50 + 0.8Y

(D) Y = 250

Choose the correct answer from the options given below:

1. (A), (B), (C), (D)
2. (A), (C), (B), (D)
3. (B), (A), (D), (C)
4. (C), (B), (D), (A)

Given the equation of the consumption function as $C = \bar{C} + cY$, what does $\bar{C}$ donate?

Arrange the following statement in the context of the effect of an autonomous change in aggregate demand on income and output.

(A) When autonomous investment increases, the aggregate demand shifts in parallel upwards.

(B) Equilibrium level of income depends on aggregate demand.

(C) Excess demand emerges in the economy.

(D) The output will be greater than the original output.

Choose the correct answer from the options given below: