Macro

Government Budget

Easy

Identify the goods that are excludable and rival in nature from the following:

Common Resource.

Club goods.

Private goods.

Public goods.

✅ Correct Option: 3

Private goods are both excludable (non-payers can be prevented from consuming them) and rival (one person's consumption reduces availability for others). Public goods are non-excludable and non-rival, common resources are rival but non-excludable, and club goods are excludable but non-rival.

2023: 30 May Shift 1

Revenue Deficit is

2026: 6 June Shift 1

If the quantity of any good remains available the same after consuming by people such goods are called?

2026: 15 May Shift 1

Gross Primary Deficit is equal to the difference between Gross Fiscal Deficit and:

2025: 29 May Shift 2

The government policy affecting the personal disposable income of households by making transfers and collecting taxes is known by...........

2026: 12 May Shift 1

The government expenditure multiplier is calculated by which of the following:

2023: 20 June Shift 1

Which of the following are to be considered while Measuring Fiscal Deficit?

A. Capital expenditure

B. Revenue receipts

C. Debt creating receipts

D. Revenue expenditure

E. Deficit on current A/c

Choose the correct answer from the options given below:

Identify the goods that are excludable and rival in nature from the following:

Solution

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CUET Economics Past Year Questions (Topic-Wise)