Match List I with List II List I Curves List II Shape A Aggregate demand curve I Upward sloping line...........

Economics (CUET) Determination of Income and Employment

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

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CUET ECONOMIC Previous Year Paper 2023

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

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

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

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

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Explanation:

•Aggregate Demand Curve: Generally downward sloping but represented here as having an upward sloping trend with an intercept, meaning it shows increasing demand with rising income.
•Aggregate Supply Curve: Often parallel to the x-axis, indicating constant supply at various price levels in the short run.
•Autonomous Investment Curve: 45° line passing through the origin, as autonomous investment remains constant regardless of income.
•Consumption Function: Parallel to the consumption function, indicating consumption patterns similar to investment.