When aggregate output is determined solely by the level of aggregate demand, the relation between aggregate supply and price is?
CUET UG 2025 — Economics Macro
When aggregate output is determined solely by the level of aggregate demand, the relation between aggregate supply and price is?
Held on 29 May 2025 · Verified 13 Jul 2026.
Options
- A
Less Elastic.
- B
More Elastic.
- C
Perfectly Elastic.
- D
Perfectly Inelastic.
Did you get this right?
Sign in to track your attempts and accuracy.
Your note
Sign in to keep a private note on this question. Nothing you write is ever public.
CUET UG Macro in other years
More CUET UG Macro questions
Caculate Net National Product at Market Price (NNP$_{MP}$). 1. Rs. 3000 crores 2. Rs. 3200 crores 3. Rs. 3137 crores 4. Rs. 3237 crores
Central banks intervene to buy and sell foreign currencies in an attempt to moderate exchange rate movements whenever they feel that such actions are appropriate. What is this move called?
At the equilibrium point when C=100+0.5 Y and I= 200, saving will be........................
The level of output is determined by the .....
The rate at which Reserve Bank of India gives loans to the commercial Bank for longer duration: 1. Repo Rate. 2. Reverese Repo Rate. 3. Bank Rate. 4. Saving Rate.
Other Economics topics for CUET UG
Keep practicing Macro
Work through every CUET UG Macro PYQ, year by year.