CUET Economics - Choose the correct statement from the following. | PYQs + Solutions

CUET Economics 2026 19th May Shift 2

Macro

Medium

Final goods undergo further transformation in the economic process.

The amount of water in the tank at a particular point in time is a flow concept.

Factor payments by the firms are equal to aggregate consumption expenditure.

The value of final goods does not include value of intermediate goods.

✅ Correct Option: 3

Related questions:

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:

CUET Economics 2024 Slot 1

The value of Nominal GDP is USD 1100 and the value of Real GDP is USD 1000. Find the value of GDP deflator:

3 June Shift 2

Match List-I with List-II

List-I	List-II
(A) GNP $_{MP}$ - Depreciation	(I) NNP $_{MP}$
(B) GDP $_{MP}$ + NFIA	(II) GNP $_{MP}$
(C) NNP $_{MP}$ - Net Product Taxes - Net Production Taxes	(III) GDP $_{MP}$
(D) GVA $_{MP}$	(IV) NNP $_{FC}$

Choose the correct answer from the options given below:

CUET Economics 2026 19th May Shift 2 PYQs