CUET UG 2025 — Economics Macro
Which statements are true in terms of basic national income aggregates:
(A) GNP at factor cost measures the value of output received by the factors of production belonging to a country in a year.
(B) GDP is the market value of all intermediate goods and final goods and services produced within a domestic territory of a country measured in a year.
(C) NDP at factor cost is the income earned by the factors in the form of wages, profits, rent, interest, etc., within the domestic territory of a country.
(D) GDP at factor cost is gross domestic product at market prices, less net product taxes.
Choose the correct answer from the options given below:
Held on 27 May 2025 · Verified 13 Jul 2026.
(A), (B), (C) and (D)
(A), (B) and (D) only
(B), (C) and (D) only
(A), (C) and (D) only
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Arrange the following chronologically: (A) Great Depression. (B) The Economic Consequences of the Peace. (C) An Enquiry into the Nature and cause of the Wealth of the Nations. (D) The General Theory of Employment, Interest and Money. Choose the correct answer from the options given below:
Given that in an economy, consumption function is C = 80 + 0.80Y and autonomous investment (I) = 120, Match List-I with List-II | List-I | List-II | |---|---| | (A) Equilibrium level of income | (I) 400 | | (B) Break-even point | (II) 120 | | (C) Investment multiplier | (III) 5 | | (D) Value of savings at equilibrium | (IV) 1000 | Choose the correct answer from the options given below:
Match List-I with List-II | List-I | List-II | |---|---| | (A) Net National Product at Market Prices (NNP_MP) | (I) GNP_MP - Net Product Taxes - Net Production Taxes | | (B) Gross National Product at Market Prices (GNP_MP) | (II) GDP at market prices | | (C) Gross National Product at Factor Cost (GNP_FC) | (III) GNP_MP - Depreciation | | (D) GVA at Market Prices | (IV) GDP_MP + NFIA | Choose the correct answer from the options given below:
The equilibrium in the final goods or production market reaches when .......
Match List-I with List-II | List-I | List-II | |---|---| | (A) C + I + G + (X-M) + NFIA | (I) $GDP_{MP}$ | | (B) $GDP_{MP}$ - Depreciation | (II) Domestic Income | | (C) NDP MP - IT + Subsidies | (III) $NDP_{MP}$ | | (D) $NDP_{MP}$ + Depreciation | (IV) $GNP_{MP}$ | Choose the correct answer from the options given below:
Work through every CUET UG Macro PYQ, year by year.