Option 1: (A) - (IV), (B) - (III), (C) - (II), (D) - (I) -> Let's match each concept: (A) Effective demand refers to the aggregate demand at the equilibrium level where AD = AS, matching with (IV). (B) Say's law of markets is the classical principle stating that supply creates its own demand, matching with (III). (C) Inflationary gap occurs when aggregate demand exceeds aggregate supply at full employment, causing price inflation, matching with (II). (D) Aggregate supply represents the total output of an economy, which equals National Income in economic accounting, matching with (I). -> correct
Match List-I with List-II | List-I | List-II | |---|---| | (A) Effective demand | (I) National Income | | (B) Say's law of markets | (II) Aggregate…
CUET UG 2025 — Economics Macro
2025mcqmedium
Match List-I with List-II
| List-I | List-II |
|---|---|
| (A) Effective demand | (I) National Income |
| (B) Say's law of markets | (II) Aggregate demand exceeds aggregate supply at full employment |
| (C) Inflationary gap | (III) Supply creates its own demand |
| (D) Aggregate supply | (IV) Aggregate demand at equilibrium level |
Choose the correct answer from the options given below:
Official previous-year question
Held on 21 May 2025 · Verified 13 Jul 2026.
Options
- A
(A) - (IV), (B) - (III), (C) - (II), (D) - (I)
- B
(A) - (II), (B) - (III), (C) - (IV), (D) - (I)
- C
(A) - (I), (B) - (III), (C) - (II), (D) - (IV)
- D
(A) - (I), (B) - (III), (C) - (IV), (D) - (II)
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