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:

29 May Shift 1

Suppose in a hypothetical economy ,the income rises from ₹5000 crores to ₹6000 crores. As a result, the consumption expenditure rises from ₹4000 cores to ₹4600 crores. Then what will be the marginal propensity to consume?

29 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Ex-post investment	(I) AD function shifts upward
(B) Investment multiplier	(II) Planned Investment + Unplanned Investment
(C) Ex ante aggregate demand	(III) 1/1- MPC
(D) Owing to increase in investment	(IV) $I = c + cY$

Choose the correct answer from the options given below:

30 May Shift 1

In an Economy , total savings are rs. 2000 crores and the ratio of average propensity to save and average propensity to consume is 2: 7. Calculate the level of income in the economy?

CUET Economics 2025 22 May Shift 1 PYQs

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