CUET Economics - Macro - Income & Employment | Free Questions

Q1:

3 June Shift 2

Macro

>

Medium

Q1:

Upwards.

Parallel Upwards.

Downwards.

Parallel Downwards.

Correct Answer

Option 2

Correct Answer

Explanation →

Q2:

3 June Shift 2

Macro

>

Medium

Q2:

Production.

Variables.

Government Expenditure.

Consumption.

Correct Answer

Option 2

Correct Answer

Explanation →

Q3:

3 June Shift 2

Macro

>

Easy

Q3:

$\Delta Y / \Delta (Y - \Sigma)$

$\Delta I / \Delta Y$

$\Delta Y / \Delta I$

$\Delta Y / \Delta A$

Correct Answer

Option 3

Correct Answer

Explanation →

Q4:

3 June Shift 2

Macro

>

Hard

Q4:

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

(A), (C) and (D) only

(A), (B), (C) and (D)

(B), (C) and (D) only

Correct Answer

Option 1

Correct Answer

Explanation →

Q5:

3 June Shift 2

Macro

>

Medium

Q5:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (II), (B) - (I), (C) - (III), (D) - (IV)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 4

Correct Answer

Explanation →

Q6:

3 June Shift 2

Macro

>

Easy

Q6:

140

280

1400

140.5Y

Correct Answer

Option 2

Correct Answer

Explanation →

Q7:

3 June Shift 2

Macro

>

Medium

Q7:

Demand = Supply.

ex- post Aggregate Demand = Aggregate Supply.

Ex ante Aggregate Demand = Ex ante Aggregate Supply.

Consumtion = Investment.

Correct Answer

Option 3

Correct Answer

Explanation →

Q8:

3 June Shift 2

Macro

>

Easy

Q8:

Autonomous Consumption.

Household Consumption

Induced Consumption.

dependent Consumption.

Correct Answer

Option 1

Correct Answer

Explanation →

Q9:

3 June Shift 2

Macro

>

Medium

Q9:

2

-2

3

-1

Correct Answer

Option 4

Correct Answer

Explanation →

Q10:

3 June Shift 2

Macro

>

Hard

Q10:

(A), (B), (C), (D)

(B), (A), (C), (D)

(C), (B), (D), (A)

(B), (A), (D), (C)

Correct Answer

Option 3

Correct Answer

Explanation →

Q11:

3 June Shift 1

Macro

>

Medium

Q11:

₹ 750 crore

₹ 800 crore

₹ 900 crore

₹ 600 crore

Correct Answer

Option 1

Correct Answer

Explanation →

Q12:

3 June Shift 1

Macro

>

Easy

Q12:

consumption, investment

consumption, savings

investment, saving

aggregate supply, consumption

Correct Answer

Option 1

Correct Answer

Explanation →

Q13:

3 June Shift 1

Macro

>

Easy

Q13:

zero (0); infinity (∞)

one (+1); infinity (∞)

zero (0); one (+1)

minus one (-1), plus one (+1)

Correct Answer

Option 2

Correct Answer

Explanation →

Q14:

3 June Shift 1

Macro

>

Easy

Q14:

Increases

Decreases

Remains constant

First increases and then decreases

Correct Answer

Option 2

Correct Answer

Explanation →

Q15:

3 June Shift 1

Macro

>

Medium

Q15:

Decrease in income, output and employment.

Decrease in nominal income, but no change in real output.

Increase in income, output and employment.

No change in output or employment but increase in general price level.

Correct Answer

Option 1

Correct Answer

Explanation →

Q16:

3 June Shift 1

Macro

>

Medium

Q16:

Increase in government expenditure.

Increase in imports.

Increase in consumption expenditure.

Increase in producer's investment.

Correct Answer

Option 2

Correct Answer

Explanation →

Q17:

3 June Shift 1

Macro

>

Medium

Q17:

Aggregate Demand = Aggregate Supply.

There exist an excess production capacity in the economy.

Resources are not fully and efficiently utilised.

Resources are fully and efficiently utilised.

Correct Answer

Option 4

Correct Answer

Explanation →

Q18:

3 June Shift 1

Macro

>

Medium

Q18:

Fall in private consumption expenditure.

Fall in exports.

Fall in imports.

Fall in government expenditure.

Correct Answer

Option 3

Correct Answer

Explanation →

Q19:

2 June Shift 1

Macro

>

Medium

Q19:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (IV), (B) - (III), (C) - (II), (D) - (I)

(A) - (II), (B) - (IV), (C) - (III), (D) - (I)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 3

Correct Answer

Explanation →

Q20:

2 June Shift 1

Macro

>

Easy

Q20:

Autonomous consumption

Effective demand

Excess demand

Deficient demand

Correct Answer

Option 2

Correct Answer

Explanation →

Q21:

2 June Shift 1

Macro

>

Hard

Q21:

(A), (B), (C), (D)

(A), (C), (B), (D)

(B), (A), (D), (C)

(A), (D), (B), (C)

Correct Answer

Option 4

Correct Answer

Explanation →

Q22:

2 June Shift 1

Macro

>

Easy

Q22:

More than zero.

Equal to zero.

Less than zero.

More than one.

Correct Answer

Option 1

Correct Answer

Explanation →

Q23:

2 June Shift 1

Macro

>

Medium

Q23:

More than 1.

Less than 1.

Less than zero.

Equal to zero.

Correct Answer

Option 1

Correct Answer

Explanation →

Q24:

2 June Shift 1

Macro

>

Medium

Q24:

50

100

200

0

Correct Answer

Option 2

Correct Answer

Explanation →

Q25:

2 June Shift 1

Macro

>

Easy

Q25:

Autonomous consumption

Investment consumption

Ex-ante consumption

Ex-post consumption

Correct Answer

Option 1

Correct Answer

Explanation →

Q26:

2 June Shift 1

Macro

>

Medium

Q26:

MPS = 0.4; APC = 0.75

MPS = 0.2; APC = 0.8

MPS = 0.5; APC = 0.75

MPS = 0.4; APC = 0.8

Correct Answer

Option 3

Correct Answer

Explanation →

Q27:

31 May Shift 1

Macro

>

Medium

Q27:

(A), (B), (C), (D)

(A), (C), (B), (D)

(D), (C), (B), (A)

(A), (B), (D), (C)

Correct Answer

Option 3

Correct Answer

Explanation →

Q28:

31 May Shift 1

Macro

>

Easy

Q28:

Increase in consumption= Rs. 5000

Increase in consumption= Rs. 4000

Increase in consumption= Rs. 3000

Increase in consumption= Rs. 2000

Correct Answer

Option 3

Correct Answer

Explanation →

Q29:

31 May Shift 1

Macro

>

Medium

Q29:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (III), (B) - (I), (C) - (II), (D) - (IV)

(A) - (III), (B) - (I), (C) - (IV), (D) - (II)

Correct Answer

Option 3

Correct Answer

Explanation →

Q30:

31 May Shift 1

Macro

>

Easy

Q30:

$C$

$cY$

$\bar{C}$

$Y$

Correct Answer

Option 3

Correct Answer

Explanation →

Q31:

31 May Shift 1

Macro

>

Hard

Q31:

(A), (B), (C), (D)

(A), (C), (B), (D)

(B), (A), (D), (C)

(A), (D), (B), (C)

Correct Answer

Option 4

Correct Answer

Explanation →

Q32:

31 May Shift 1

Macro

>

Medium

Q32:

The aggregate demand curve shifts upwards.

Output/GDP increases by the same magnitude as the change in investment.

Autonomous expenditure increases by the same magnitude as the change in investment.

The consumption curve shifts upwards.

Correct Answer

Option 1

Correct Answer

Explanation →

Q33:

31 May Shift 1

Macro

>

Medium

Q33:

An economy with unskilled workforce.

An economy having scarcity of resources.

An economy with excess use of resources.

An economy with unused resources.

Correct Answer

Option 4

Correct Answer

Explanation →

Q34:

31 May Shift 1

Macro

>

Medium

Q34:

OM

JM

LM

OL

Correct Answer

Option 4

Correct Answer

Explanation →

Q35:

30 May Shift 2

Macro

>

Medium

Q35:

250

100

150

300

Correct Answer

Option 3

Correct Answer

Explanation →

Q36:

30 May Shift 2

Macro

>

Medium

Q36:

Deficient Saving.

Paradox of Thrift.

Excess Demand.

Excess Investment.

Correct Answer

Option 2

Correct Answer

Explanation →

Q37:

30 May Shift 2

Macro

>

Medium

Q37:

Autonomous investment.

Investment multiplier.

Ex-ante investment.

GDP multiplier.

Correct Answer

Option 2

Correct Answer

Explanation →

Q38:

30 May Shift 2

Macro

>

Medium

Q38:

$ΔTR$

$c ΔTR$

$\frac{Δy}{ΔTR}$

$1 - c ΔTR$

Correct Answer

Option 2

Correct Answer

Explanation →

Q39:

30 May Shift 2

Macro

>

Medium

Q39:

Change in Consumption.

Change in Investment.

Constant Price and Interest rate.

Multiplier Mechanism.

Correct Answer

Option 4

Correct Answer

Explanation →

Q40:

30 May Shift 2

Macro

>

Easy

Q40:

Effective investment.

Effective consumtiopn.

Effective demand.

Effective supply.

Correct Answer

Option 3

Correct Answer

Explanation →

Q41:

30 May Shift 2

Macro

>

Medium

Q41:

250

300

350

400

Correct Answer

Option 2

Correct Answer

Explanation →

Q42:

30 May Shift 2

Macro

>

Easy

Q42:

Excess demand.

Deficient demand.

Excess output.

Deficient output.

Correct Answer

Option 1

Correct Answer

Explanation →

Q43:

30 May Shift 2

Macro

>

Medium

Q43:

Fixed price level.

Aggregate supply.

Fixed autonomous spending.

Aggregate demand.

Correct Answer

Option 3

Correct Answer

Explanation →

Q44:

30 May Shift 1

Macro

>

Medium

Q44:

(B), (A), (C), (D)

(A), (B), (C), (D)

(B), (A), (D), (C)

(B), (C), (D), (A)

Correct Answer

Option 4

Correct Answer

Explanation →

Q45:

30 May Shift 1

Macro

>

Medium

Q45:

600

400

200

100

Correct Answer

Option 3

Correct Answer

Explanation →

Q46:

30 May Shift 1

Macro

>

Easy

Q46:

MPC > 1

MPC < 1

MPC = 0

0 < MPC < 1

Correct Answer

Option 4

Correct Answer

Explanation →

Q47:

30 May Shift 1

Macro

>

Medium

Q47:

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

(B), (C) and (D) only

(A) and (D) only

(A) and (C) only

Correct Answer

Option 2

Correct Answer

Explanation →

Q48:

30 May Shift 1

Macro

>

Easy

Q48:

AD=AS

AD>AS

AD < AS

Income is Zero

Correct Answer

Option 1

Correct Answer

Explanation →

Q49:

30 May Shift 1

Macro

>

Medium

Q49:

0.25

2

0

4

Correct Answer

Option 4

Correct Answer

Explanation →

Q50:

30 May Shift 1

Macro

>

Medium

Q50:

2000 crores.

7000 crores.

9000 crores.

14,000 crores.

Correct Answer

Option 3

Correct Answer

Explanation →

Q51:

29 May Shift 2

Macro

>

Medium

Q51:

1909

1919

1929

1936

Correct Answer

Option 2

Correct Answer

Explanation →

Q52:

29 May Shift 2

Macro

>

Medium

Q52:

0.25

0.25

1.5

1.5

Correct Answer

Option 4

Correct Answer

Explanation →

Q53:

29 May Shift 2

Macro

>

Medium

Q53:

Less Elastic.

More Elastic.

Perfectly Elastic.

Perfectly Inelastic.

Correct Answer

Option 3

Correct Answer

Explanation →

Q54:

29 May Shift 2

Macro

>

Medium

Q54:

Investment Multiplier.

Autonomous Multiplier.

Credit Multiplier.

Induce Multiplier.

Correct Answer

Option 1

Correct Answer

Explanation →

Q55:

29 May Shift 2

Macro

>

Medium

Q55:

4000

4200

3250

3300

Correct Answer

Option 3

Correct Answer

Explanation →

Q56:

29 May Shift 2

Macro

>

Easy

Q56:

Price.

Consumption.

Investment.

Government spending.

Correct Answer

Option 1

Correct Answer

Explanation →

Q57:

29 May Shift 2

Macro

>

Easy

Q57:

0.5

50

25

10

Correct Answer

Option 2

Correct Answer

Explanation →

Q58:

29 May Shift 2

Macro

>

Medium

Q58:

S/Y

C/Y

ΔS

1-c

Correct Answer

Option 4

Correct Answer

Explanation →

Q59:

29 May Shift 2

Macro

>

Medium

Q59:

MPC=0

MPC=1

0 < MPC > 1

0< MPC<1

Correct Answer

Option 3

Correct Answer

Explanation →

Q60:

29 May Shift 1

Macro

>

Medium

Q60:

By adding the consumption and investment functions vertically.

By adding the consumption and investment functions horizontally.

By subtracting the consumption function from investment functions.

By multiplying the consumption and investment functions.

Correct Answer

Option 1

Correct Answer

Explanation →

Q61:

29 May Shift 1

Macro

>

Medium

Q61:

(A) - (II), (B) - (III), (C) - (IV), (D) - (I)

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 1

Correct Answer

Explanation →

Q62:

29 May Shift 1

Macro

>

Easy

Q62:

0.8

0.4

0.2

0.6

Correct Answer

Option 4

Correct Answer

Explanation →

Q63:

29 May Shift 1

Macro

>

Medium

Q63:

1000 crores

400 crores

100 crores

250 crores

Correct Answer

Option 2

Correct Answer

Explanation →

Q64:

29 May Shift 1

Macro

>

Medium

Q64:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (IV), (B) - (I), (C) - (II), (D) - (III)

(A) - (I), (B) - (III), (C) - (IV), (D) - (II)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 2

Correct Answer

Explanation →

Q65:

29 May Shift 1

Macro

>

Medium

Q65:

(A), (C), (D), (B)

(B), (A ), (C), (D)

(D), (B), (C), (A)

(D), (B), (A), (C)

Correct Answer

Option 4

Correct Answer

Explanation →

Q66:

29 May Shift 1

Macro

>

Medium

Q66:

Unexpected rise in sales.

Unexpected fall in sales.

Change in inventories.

Gross value addition.

Correct Answer

Option 1

Correct Answer

Explanation →

Q67:

29 May Shift 1

Macro

>

Medium

Q67:

(A) and (B) only

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

(A), (C) and (D) only

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

Correct Answer

Option 4

Correct Answer

Explanation →

Q68:

28 May Shift 2

Macro

>

Hard

Q68:

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

(A), (C) and (D) only

(A), (B), (C) and (D)

(B), (C) and (D) only

Correct Answer

Option 2

Correct Answer

Explanation →

Q69:

28 May Shift 2

Macro

>

Medium

Q69:

250

110

220

150

Correct Answer

Option 3

Correct Answer

Explanation →

Q70:

28 May Shift 2

Macro

>

Medium

Q70:

Aggregate demand.

Equilibrium demand.

Excess demand.

Deficient demand.

Correct Answer

Option 4

Correct Answer

Explanation →

Q71:

28 May Shift 2

Macro

>

Medium

Q71:

(B), (A), (C), (D)

(A), (B), (C), (D)

(B), (A), (D), (C)

(C), (B), (D), (A)

Correct Answer

Option 3

Correct Answer

Explanation →

Q72:

28 May Shift 2

Macro

>

Medium

Q72:

(A) - (II), (B) - (I), (C) - (III), (D) - (IV)

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 4

Correct Answer

Explanation →

Q73:

28 May Shift 2

Macro

>

Medium

Q73:

$c$

$\bar{C}$

$cY$

$Y$

Correct Answer

Option 1

Correct Answer

Explanation →

Q74:

28 May Shift 1

Macro

>

Easy

Q74:

Demand Elasticity

Parametric Shift

Ex-ante Investment

Paradox of Thrift

Correct Answer

Option 4

Correct Answer

Explanation →

Q75:

28 May Shift 1

Macro

>

Medium

Q75:

(A), (B), (C), (D)

(A), (C), (B), (D)

(B), (A), (D), (C)

(C), (B), (D), (A)

Correct Answer

Option 2

Correct Answer

Explanation →

Q76:

28 May Shift 1

Macro

>

Medium

Q76:

(C), (A), (D), (B)

(A), (C), (B), (D)

(B), (A), (C), (D)

(C), (B), (A), (D)

Correct Answer

Option 1

Correct Answer

Explanation →

Q77:

28 May Shift 1

Macro

>

Easy

Q77:

2025, Adam Smith.

1935, John Maynard Keynes.

1936, John Maynard Keynes.

1932, David Ricardo.

Correct Answer

Option 3

Correct Answer

Explanation →

Q78:

28 May Shift 1

Macro

>

Easy

Q78:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (IV), (B) - (III), (C) - (I), (D) - (II)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 3

Correct Answer

Explanation →

Q79:

27 May Shift 2

Macro

>

Easy

Q79:

Marginal Propensity to Consume.

Investment multiplier.

Consumption Multiplier.

Marginal Propensity to Save.

Correct Answer

Option 2

Correct Answer

Explanation →

Q80:

27 May Shift 2

Macro

>

Medium

Q80:

Deficient supply.

Excess demand.

Deficient demand.

Deficient factors of production.

Correct Answer

Option 3

Correct Answer

Explanation →

Q81:

27 May Shift 2

Macro

>

Medium

Q81:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 2

Correct Answer

Explanation →

Q82:

27 May Shift 2

Macro

>

Medium

Q82:

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

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

(A), (B), (C) and (D)

(B), (C) and (D) only

Correct Answer

Option 1

Correct Answer

Explanation →

Q83:

27 May Shift 2

Macro

>

Easy

Q83:

Aggregate supply.

Aggregate demand.

Full employment.

Total Income.

Correct Answer

Option 3

Correct Answer

Explanation →

Q84:

27 May Shift 2

Macro

>

Medium

Q84:

Law of diminishing returns will not apply.

Assuming an economy with unused resources.

Additional output can be produced without increasing marginal cost.

When the quantity produced changes, price does vary.

Correct Answer

Option 4

Correct Answer

Explanation →

Q85:

27 May Shift 2

Macro

>

Medium

Q85:

(A), (B), (C), (D)

(A), (C), (B), (D)

(B), (A), (D), (C)

(C), (B), (D), (A)

Correct Answer

Option 2

Correct Answer

Explanation →

Q86:

27 May Shift 2

Macro

>

Medium

Q86:

0 < MPC<1

0 < MPC>1

0> MPC<1

0 > MPC>1

Correct Answer

Option 1

Correct Answer

Explanation →

Q87:

27 May Shift 2

Macro

>

Medium

Q87:

(A), (D), (C), (B)

(A), (C), (B), (D)

(B), (A), (D), (C)

(C), (B), (D), (A)

Correct Answer

Option 1

Correct Answer

Explanation →

Q88:

26 May Shift 2

Macro

>

Medium

Q88:

Absence of voluntary unemployment.

Absence of involuntary unemployment.

Absence of frictional unemployment.

Everyone in the economy is employed.

Correct Answer

Option 2

Correct Answer

Explanation →

Q89:

26 May Shift 2

Macro

>

Medium

Q89:

Aggregate demand exceeds aggregate supply at full employment.

Aggregate demand falls short of aggregate supply at any level of employment.

Aggregate demand exceeds aggregate supply at any level of employment.

Aggregate demand falls short of aggregate supply at full employment.

Correct Answer

Option 4

Correct Answer

Explanation →

Q90:

26 May Shift 2

Macro

>

Medium

Q90:

(A), (B), (C), (D)

(A), (C), (B), (D)

(A), (D), (B), (C)

(B), (A), (D), (C)

Correct Answer

Option 3

Correct Answer

Explanation →

Q91:

26 May Shift 2

Macro

>

Medium

Q91:

100

500

900

1000

Correct Answer

Option 3

Correct Answer

Explanation →

Q92:

26 May Shift 2

Macro

>

Medium

Q92:

Marginal propensity to save.

Marginal propensity to consume.

Marginal propensity to invest.

Investment Multiplier.

Correct Answer

Option 4

Correct Answer

Explanation →

Q93:

26 May Shift 2

Macro

>

Medium

Q93:

0.5

0.75

0.8

1

Correct Answer

Option 3

Correct Answer

Explanation →

Q94:

26 May Shift 2

Macro

>

Medium

Q94:

0

1

More than 1 but finite.

Infinite.

Correct Answer

Option 2

Correct Answer

Explanation →

Q95:

26 May Shift 2

Macro

>

Medium

Q95:

(A), (B), (C), (D)

(A), (C), (B), (D)

(B), (A), (D), (C)

(C), (B), (D), (A)

Correct Answer

Option 2

Correct Answer

Explanation →

Q96:

22 May Shift 2

Macro

>

Medium

Q96:

4

-4

-5

5

Correct Answer

Option 2

Correct Answer

Explanation →

Q97:

22 May Shift 2

Macro

>

Medium

Q97:

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

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

(A), (B), (C) and (D)

(B), (C) and (D) only

Correct Answer

Option 2

Correct Answer

Explanation →

Q98:

22 May Shift 2

Macro

>

Medium

Q98:

1933

1936

1929

1919

Correct Answer

Option 2

Correct Answer

Explanation →

Q99:

22 May Shift 1

Macro

>

Medium

Q99:

(A), (B), (C), (D)

(A), (C), (B), (D)

(B), (A), (D), (C)

(C), (B), (D), (A)

Correct Answer

Option 3

Correct Answer

Explanation →

Q100:

22 May Shift 1

Macro

>

Medium

Q100:

Excess Supply.

Excess Demand.

Deficient Demand.

Deficient Supply.

Correct Answer

Option 3

Correct Answer

Explanation →

Q101:

22 May Shift 1

Macro

>

Medium

Q101:

(A) - (I), (B) - (III), (C) - (IIII), (D) - (IV)

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 4

Correct Answer

Explanation →

Q102:

22 May Shift 1

Macro

>

Medium

Q102:

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

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

(A), (B), (C) and (D)

(B), (C) and (D) only

Correct Answer

Option 4

Correct Answer

Explanation →

Q103:

22 May Shift 1

Macro

>

Easy

Q103:

Aggregate demand equals aggregate supply.

Aggregate demand greater than aggregate supply.

Aggregate demand less than aggregate supply.

Aggregate demand and aggregate supply equals zero.

Correct Answer

Option 1

Correct Answer

Explanation →

Q104:

22 May Shift 1

Macro

>

Medium

Q104:

Price will increase and rate of interest will constant.

Price will constant and rate of interest remain constant.

Price will increase and rate of interest will increase.

Price remain constant and rate of interest will increase.

Correct Answer

Option 2

Correct Answer

Explanation →

Q105:

22 May Shift 1

Macro

>

Medium

Q105:

Aggregate supply is only determinant of total output.

Aggregate supply is perfectly inelastic.

Aggregate demand is only determinant of total output.

Aggregate demand and supply determine the total output.

Correct Answer

Option 3

Correct Answer

Explanation →

Q106:

22 May Shift 1

Macro

>

Medium

Q106:

Increase by small amount.

Decrease by large amount.

Equal increase.

Increase by large amount.

Correct Answer

Option 2

Correct Answer

Explanation →

Q107:

21 May Shift 1

Macro

>

Medium

Q107:

one.

zero.

infinity.

Between 1 and infinity.

Correct Answer

Option 1

Correct Answer

Explanation →

Q108:

21 May Shift 1

Macro

>

Medium

Q108:

50 crores.

100 crores.

200 crores.

250 crores.

Correct Answer

Option 3

Correct Answer

Explanation →

Q109:

21 May Shift 1

Macro

>

Medium

Q109:

(A) - (IV), (B) - (III), (C) - (II), (D) - (I)

(A) - (II), (B) - (III), (C) - (IV), (D) - (I)

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (I), (B) - (III), (C) - (IV), (D) - (II)

Correct Answer

Option 1

Correct Answer

Explanation →

Q110:

21 May Shift 1

Macro

>

Medium

Q110:

1200 crores

1500 crores

1800 crores

2000 crores

Correct Answer

Option 1

Correct Answer

Explanation →

Q111:

21 May Shift 1

Macro

>

Medium

Q111:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (IV), (B) - (III), (C) - (I), (D) - (II)

(A) - (IV), (B) - (I), (C) - (III), (D) - (II)

Correct Answer

Option 4

Correct Answer

Explanation →

Q112:

21 May Shift 1

Macro

>

Medium

Q112:

National income is likely to rise.

National income is likely to fall.

The economy is already at equilibrium so there will be no change in national income.

The income initially rises and then falls.

Correct Answer

Option 2

Correct Answer

Explanation →

Q113:

21 May Shift 1

Macro

>

Medium

Q113:

1

2

5

infinity

Correct Answer

Option 2

Correct Answer

Explanation →

Q114:

16 May Shift 1

Macro

>

Medium

Q114:

Excess Demand in the economy.

Deficient supply in the economy.

economy will come back to equilibrium after sometime.

deficient demand in the economy.

Correct Answer

Option 4

Correct Answer

Explanation →

Q115:

16 May Shift 1

Macro

>

Medium

Q115:

Ex-ante saving = Ex-ante consumption

Ex-ante investment = Ex-ante consumption

Ex-ante saving = Ex-ante investment

Ex-ante saving = Ex-post investment

Correct Answer

Option 3

Correct Answer

Explanation →

Q116:

16 May Shift 1

Macro

>

Medium

Q116:

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

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

(A), (B), (C) and (D)

(B), (C) and (D) only

Correct Answer

Option 3

Correct Answer

Explanation →

Q117:

16 May Shift 1

Macro

>

Easy

Q117:

(A) - (II), (B) - (IV), (C) - (I), (D) - (III)

(A) - (II), (B) - (IV), (C) - (III), (D) - (I)

(A) - (I), (B) - (III), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 1

Correct Answer

Explanation →

Q118:

16 May Shift 1

Macro

>

Medium

Q118:

(A), (B), (C), (D)

(B), (A), (C), (D)

(C), (A), (B), (D)

(D), (B), (C), (A)

Correct Answer

Option 3

Correct Answer

Explanation →

Q119:

16 May Shift 1

Macro

>

Medium

Q119:

(D), (B), (A), (C)

(B), (C), (A), (D)

(C), (A), (B), (D)

(C), (B), (A), (D)

Correct Answer

Option 4

Correct Answer

Explanation →

Q120:

16 May Shift 1

Macro

>

Medium

Q120:

80 crore

160 crore

320 crore

640 crore

Correct Answer

Option 3

Correct Answer

Explanation →

Q121:

15 May Shift 1

Macro

>

Hard

Q121:

(D), (B), (C), (A)

(D), (C), (B), (A)

(D), (A), (B), (C)

(C), (B), (D), (A)

Correct Answer

Option 3

Correct Answer

Explanation →

Q122:

15 May Shift 1

Macro

>

Medium

Q122:

45 + 80Y

-45 + 20Y

-45 + 0.80Y

45 + 0.80Y

Correct Answer

Option 4

Correct Answer

Explanation →

Q123:

15 May Shift 1

Macro

>

Easy

Q123:

Average propensity to consume.

marginal propensity to consume.

induced consumption

autonomous consumption.

Correct Answer

Option 4

Correct Answer

Explanation →

Q124:

15 May Shift 1

Macro

>

Medium

Q124:

Ratio of investment to income.

Ratio of change in investment to change in income

Reciprocal of marginal propensity to save.

Ratio of change in income to change in consumption.

Correct Answer

Option 3

Correct Answer

Explanation →

Q125:

15 May Shift 1

Macro

>

Medium

Q125:

MPC can be greater than 1

MPS can be less than 0.

The value of APC rises with increase in income.

The value of the investment multiplier is always greater than 1.

Correct Answer

Option 4

Correct Answer

Explanation →

Q126:

15 May Shift 1

Macro

>

Medium

Q126:

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (I), (B) - (III), (C) - (IV), (D) - (II)

(A) - (IV), (B) - (I), (C) - (III), (D) - (II)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 3

Correct Answer

Explanation →

Q127:

15 May Shift 1

Macro

>

Medium

Q127:

(A) and (D) only

(A) and (C) only

(C) and (D) only

(B) and (C) only

Correct Answer

Option 2

Correct Answer

Explanation →

Q128:

15 May Shift 1

Macro

>

Medium

Q128:

Price of final goods is constant.

Interest rates are constant.

Aggregate supply is perfectly elastic.

Aggregate demand is perfectly elastic.

Correct Answer

Option 4

Correct Answer

Explanation →

Q129:

15 May Shift 1

Macro

>

Medium

Q129:

$(\bar{C} + \bar{I})/MPC$

$(\bar{C} + \bar{I})/MPS$

$\bar{C}/MPC$

$\bar{I}/MPS$

Correct Answer

Option 2

Correct Answer

Explanation →

Q130:

14 May Shift 1

Macro

>

Easy

Q130:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (II), (B) - (I), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 3

Correct Answer

Explanation →

Q131:

13 May Shift 2

Macro

>

Easy

Q131:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (III), (B) - (I), (C) - (IV), (D) - (II)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 2

Correct Answer

Explanation →

Q132:

13 May Shift 2

Macro

>

Medium

Q132:

(A) and (D) only

(B) and (C) only

(A), (B), (C) and (D)

(A) and (D) only

Correct Answer

Option 1,4

Correct Answer

Explanation →

Q133:

13 May Shift 2

Macro

>

Medium

Q133:

Ex ante consumption expenditure and ex post investment expenditure on such goods.

Ex ante consumption expenditure and ex ante investment expenditure on such goods.

Ex post consumption expenditure and ex post investment expenditure on such goods

Ex post consumption expenditure and ex ante investment expenditure on such goods

Correct Answer

Option 2

Correct Answer

Explanation →

Q134:

13 May Shift 2

Macro

>

Medium

Q134:

Money Multiplier.

GDP Multiplier.

Investment multiplier

Tax Multiplier.

Correct Answer

Option 3

Correct Answer

Explanation →

Q135:

13 May Shift 1

Macro

>

Easy

Q135:

Adam Smith.

David Recardo.

J.S. Mill.

John Maynard Keynes

Correct Answer

Option 4

Correct Answer

Explanation →

Q136:

13 May Shift 1

Macro

>

Hard

Q136:

(B), (A), (D), (C)

(A), (C), (B), (D)

(A), (B), (D), (C)

(C), (B), (D), (A)

Correct Answer

Option 1

Correct Answer

Explanation →

Q137:

13 May Shift 1

Macro

>

Easy

Q137:

What actually has happened.

What actually will happen?

What is actually planned?

What should plan be.

Correct Answer

Option 1

Correct Answer

Explanation →

Q138:

13 May Shift 1

Macro

>

Medium

Q138:

Multiplier Mechanism.

Paradox of Thrift.

Deficient Demand.

Investment.

Correct Answer

Option 2

Correct Answer

Explanation →

Q139:

13 May Shift 1

Macro

>

Easy

Q139:

Output level is less than the full employment level.

Output level is equal to the full employment level.

Demand is more than output level at full employment level.

Output level is marginally increasing.

Correct Answer

Option 3

Correct Answer

Explanation →

Q140:

13 May Shift 1

Macro

>

Easy

Q140:

Deficient Demand.

Constant Demand.

Marginal Demand.

Aggregate Demand.

Correct Answer

Option 1

Correct Answer

Explanation →

Q141:

13 May Shift 1

Macro

>

Medium

Q141:

Output Eqilibrium.

Factor of Production

Capital Employed.

Availability of Raw Material.

Correct Answer

Option 1

Correct Answer

Explanation →

Q142:

13 May Shift 1

Macro

>

Medium

Q142:

Full Employment.

Excessive Demand.

Marginal Output.

Equality of Income (Y) with Aggregate Demand (AD)

Correct Answer

Option 4

Correct Answer

Explanation →

Q143:

13 May Shift 1

Macro

>

Easy

Q143:

Everyone in the economy got employment

Maximum Capital investment.

all the factors of production are fully employed in the production process.

Excessive Demand.

Correct Answer

Option 3

Correct Answer

Explanation →

Q144:

CUET Economics 2024 Slot 1

Macro

>

Easy

Q144:

Aggregate demand would decline.

There will be unplanned accumulation of inventories.

There will be unplanned depletion of inventories.

Normal profit would be lower.

Correct Answer

Option 3

Correct Answer

Explanation →

Q145:

CUET Economics 2024 Slot 1

Macro

>

Easy

Q145:

decreases

increases

has no impact on it

first decreases then increases

Correct Answer

Option 2

Correct Answer

Explanation →

Q146:

CUET Economics 2024 Slot 1

Macro

>

Easy

Q146:

(A) and (D) only

(A) and (C) only

(B) and (D) only

(C) and (D) only

Correct Answer

Option 2

Correct Answer

Explanation →

Q147:

CUET Economics 2024 Slot 1

Macro

>

Easy

Q147:

Market economy

Centrally planned economy

Aggregate demand based economy

Aggregate supply based economy

Correct Answer

Option 1

Correct Answer

Explanation →

Q148:

CUET Economics 2024 Slot 1

Macro

>

Hard

Q148:

(C), (D), (A), (B)

(A), (C), (B), (D)

(C), (A), (B), (D)

(D), (A), (C), (B)

Correct Answer

Option 1

Correct Answer

Explanation →

Q149:

CUET Economics 2024 Slot 1

Macro

>

Hard

Q149:

G + T = M - X > I

G + T = M - X = I

G - T = M - X = 0

G - T = M - X > I

Correct Answer

Option 3

Correct Answer

Explanation →

Q150:

CUET Economics 2024 Slot 1

Macro

>

Medium

Q150:

Aggregate supply

Aggregate demand

Effective demand

Perfectly inelastic demand

Correct Answer

Option 3

Correct Answer

Explanation →

Q151:

CUET Economics 2024 Slot 1

Macro

>

Easy

Q151:

The size of the multiplier would be increased.

The size of the multiplier would remain same.

Value of multiplier is undetermined with the given information.

The size of the multiplier would be decreased.

Correct Answer

Option 4

Correct Answer

Explanation →

Q152:

CUET Economics 2024 Slot 1

Macro

>

Hard

Q152:

If all the people of the economy increase the proportion of income they save, the total value of investment in the economy will not increase, it will either decline or remain unchanged.

If all the people of the economy increase the proportion of income they spend, the total value of savings in the economy will not increase, it will either decline or remain unchanged.

If all the people of the economy decrease the proportion of income they save, the total value of savings in the economy will not increase, it will either decline or remain unchanged.

If all the people of the economy increase the proportion of income they save, the total value of savings in the economy will not increase, it will either decline or remain unchanged

Correct Answer

Option 4

Correct Answer

Explanation →

Q153:

CUET Economics 2024 Slot 1

Macro

>

Easy

Q153:

Ex-Ante

Ex-Post

Constant

Variable

Correct Answer

Option 2

Correct Answer

Explanation →

Q154:

CUET Economics 2024 Slot 1

Macro

>

Easy

Q154:

₹ 4000 crore

₹ 20 crore

₹ 400 crore

₹ 160 crore

Correct Answer

Option 4

Correct Answer

Explanation →

CUET Economics Macro > Income & Employment PYQs

Q1:

Q1:

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