CUET Economics 2025 22 May Shift 1 PYQs

When the marginal propensity to consume is given as $0.5$. What is the tax multiplier?

Arrange the following in correct sequence for calculating National Income.

(A) Add Net Factor income from abaord.

(B) Deduct value of Intermediate Goods.

(C) Calculate the value of output.

(D) Deduct Depreciation and NIT.

Choose the correct answer from the options given below:

From the following find the statements related to GDP and the welfare of the economy

(A) The domestic services that women perform at home are considered in the calculation of GDP.

(B) Harmful effects caused due to carbon emissions from factory production are not counted as GDP.

(C) The rise in GDP may be concentrated in the hands of very few individuals or firms.

(D) Higher levels of GDP always ensure higher welfare.

Choose the correct answer from the options given below: