CUET-PG SERIES Economics
Consumer Behaviour
5 previous year questions.
Volume: 5 Ques
Yield: Medium
High-Yield Trend
5
2023 Chapter Questions 5 MCQs
01
PYQ 2023
hard
economics ID: cuet-pg-
Given below are two statements:
Statement-I : The price consumption curve is negatively sloped for a Giffen good.
Statement-II: All Giffen goods are inferior goods but all inferior goods are not Giffen goods.
In the light of the above statements, choose the correct answer from the options given below:
Statement-I : The price consumption curve is negatively sloped for a Giffen good.
Statement-II: All Giffen goods are inferior goods but all inferior goods are not Giffen goods.
In the light of the above statements, choose the correct answer from the options given below:
1
Both Statement I and Statement II are true
2
Both Statement I and Statement II are false
3
Statement I is true but Statement II is false
4
Statement I is false but Statement II is true
02
PYQ 2023
hard
economics ID: cuet-pg-
The consumption function is given by C = 100+ 0.8y and the investment is given by I = 50. For which of the following level of output the level of unplanned inventories would be negative?
1
790
2
750
3
800
4
740
03
PYQ 2023
easy
economics ID: cuet-pg-
A consumer has a demand function for good X given by D(P)=100-P. Where P is the price of good X. If the price of good X is Rs.50, the value of consumer's surplus is
1
₹ 1,250
2
₹ 3,750
3
₹ 2,250
4
₹ 3,050
04
PYQ 2023
medium
economics ID: cuet-pg-
Given below are two statements, one is labelled as Assertion (A) and the other is labelled as Reason (R):
Assertion (A): A club good is non-rival and excludable in consumption.
Reason (R): A public good is non-rival and non-excludable in consumption.
In the light of the above statements, choose the most appropriate answer from the options given below:
Assertion (A): A club good is non-rival and excludable in consumption.
Reason (R): A public good is non-rival and non-excludable in consumption.
In the light of the above statements, choose the most appropriate answer from the options given below:
1
Both (A) and (R) are correct and (R) is the correct explanation of (A)
2
Both (A) and (R) are correct but (R) is not the correct explanation of (A)
3
(A) is correct but (R) is not correct
4
(A) is not correct but (R) is correct
05
PYQ 2023
medium
economics ID: cuet-pg-
Consider a two-sector model :
Smaller the marginal propensity to save (MPS),
A. Steeper saving function
B. Smaller value of the multiplier
C. Consumption function has flat slope
D. Larger value of the multiplier
E. Flatter saving function
Choose the most appropriate answer from the options given below:
Smaller the marginal propensity to save (MPS),
A. Steeper saving function
B. Smaller value of the multiplier
C. Consumption function has flat slope
D. Larger value of the multiplier
E. Flatter saving function
Choose the most appropriate answer from the options given below:
1
A and B only
2
C and E only
3
D and E only
4
B and D only