CUET Economics - Full employment, in context of determination of income, implies? | PYQs + Solutions

CUET Economics 2025 26 May Shift 2

Macro

Medium

Absence of voluntary unemployment.

Absence of involuntary unemployment.

Absence of frictional unemployment.

Everyone in the economy is employed.

✅ Correct Option: 2

Related questions:

13 May Shift 2

Match List-I with List-II

List-I	List-II
(A) Marginal propensity to consume	(I) Change in savings per unit change in income.
(B) Marginal propensity to save	(II) Savings per unit of income.
(C) Average propensity to consume	(III) Change in consumption per unit change in income.
(D) Average propensity to save	(IV) Consumption per unit of income.

Choose the correct answer from the options given below:

15 May Shift 1

In the excess demand condition, which of the following measures may be adopted in the economy to control it?

(A) Increase in repo rate.

(B) Decrease in reverse repo rate.

(D) Increase in subsidies.

Choose the correct answer from the options given below:

2 June Shift 1

__________ refers to that level of aggregate demand, which can be met by the corresponding supply in the economy.

CUET Economics 2025 26 May Shift 2 PYQs