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Economics · 2023 · 1 mark
CBSE 2023 · Region 4 · Set 1 · Q9
Read the following statements : Assertion (A) and Reason (R). Choose the correct alternative given below.Assertion (A) : Excess demand does not lead to any increase in the level of real output.Reason (R) : Excess demand creates a gap between actual demand and desired demand corresponding to full employment level.Alternatives :
Official answer
From CBSE’s own marking scheme for this paper.
(B)
Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of the Assertion (A).
Marking-scheme solution
(B)
Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A).
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CBSE Class 12 Economics past-paper question from the 2023board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.