Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Determination of Income and Employment

Question:

Match List - I with List - II.

List – I
Curves

List – II
Shape

(A)

 Aggregate demand curve

(I)

 Upward sloping line with a positive intercept on y-axis 

(B)

 Aggregate supply curve

(II)

 Parallel to x-axis

(C)

 Autonomous investment curve 

(III)

 45° line passing through the origin

(D)

 Consumption function

(IV)

 Parallel to consumption function

Choose the correct answer from the options given below :

Options:

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

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

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

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

Correct Answer:

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

Explanation:

List – I
Curves

List – II
Shape

(A)

 Aggregate demand curve

(I)

 Parallel to consumption function

(B)

 Aggregate supply curve

(II)

 45° line passing through the origin

(C)

 Autonomous investment curve 

(III)

 Parallel to x-axis

(D)

 Consumption function

(IV)

Upward sloping line with a positive intercept on y-axis