Identify the variable on which the overall level of employment and prices in the economy depends upon? Option 1: Aggregate Supply Option 2: Aggregate Demand Option 3: Fiscal Deficit Option 4: Primary Deficit

The answer is 'Aggregate Demand'. View full solution:

CUET Economics - Identify the variable on which the overall level of employment and prices in the economy depends upon? | PYQs + Solutions

CUET Economics 2026 15th May Shift 1

Macro

Easy

Aggregate Supply

Aggregate Demand

Fiscal Deficit

Primary Deficit

✅ Correct Option: 2

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?

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Match List-I with List-II

List-I	List-II
(A) Average Propensity to Consume	(I) It is the savings per unit of income
(B) Marginal Propensity to Consume	(II) It is the consumption per unit of income
(C) Average Ppropensity to Save	(III) It is the change in savings per unit change in income
(D) Marginal Propensity to Save	(IV) It is the change in consumption per unit change in income.

Choose the correct answer from the options given below:

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The function of the investment multiplier is?

CUET Economics 2026 15th May Shift 1 PYQs

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