CUET Economics 2025 26 May Shift 2 - Which of the following statements is true? (A) Gross domestic income is a subset of national income. (B) Corporate profit tax is a factor in income earned by the government. (C) The production of wheat by a farmer retained by himself for his self-consumption will be included in the national income of the country. (D) All capital goods are producer goods, but all producer goods are not necessarily capital goods. Choose the correct answer from the options given below: | PYQs + Solutions

CUET Economics 2025 26 May Shift 2

Macro

Hard

(A), (B) and (D) only

(A), (B) and (C) only

(A) and (B) only

✅ Correct Option: 4

Related questions:

22 May Shift 1

The equilibrium in the final goods or production market reaches when .......

2 June Shift 1

Arrange the following steps in the calculation of national income, by income method in correct sequence:

(A) Add Net Factor from Abroad to arrive at National Income.

(B) Estimate the factor income estimated by each sector.

(D) Calculate domestic factor income.

Choose the correct answer from the options given below:

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:

CUET Economics 2025 26 May Shift 2 PYQs