CUET Economics - Effective demand principle situation occurs when _________ | PYQs + Solutions

CUET Economics 2025 22 May Shift 1

Macro

Medium

Aggregate supply is only determinant of total output.

Aggregate supply is perfectly inelastic.

Aggregate demand is only determinant of total output.

Aggregate demand and supply determine the total output.

✅ Correct Option: 3

Related questions:

21 May Shift 1

At the present level of employment in a hypothetical economy, the aggregate demand is falling short of aggregate supply. What will be the likely change in the level of national income of this economy?

CUET Economics 2022 Slot 4

Identify the statement that stands true during deficient demand :

(A) Actual output falls short of potential output

(B) Potential output falls short of actual output

(D) Expected demand is less than actual demand

Choose the correct answer from the options given below :

22 May Shift 2

Assume that the marginal propensity to consume is 0.8. The tax multiplier will then be ............... ?

CUET Economics 2025 22 May Shift 1 PYQs

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