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#1 A desire backed by ability to pay and willingness to pay for a commodity is called.
#2 ______________ utility is the utility derived from the last unit of a commodity consumed.
#3 The elasticity of demand of pins is ___________
#4 During depression ____________ budget is preferable.
#5 The most liquid asset is _____________
#6 The slope of demand curve is __________ in the case of inelastic demand.
#7 Marshall assumes __________________ measurement of utility.
#8 When price of commodity rises, the demand for it ______________
#9 The part of income which is spent on consumption is called __________
#10 When the price of petrol goes up, demand of car will _____________
#11 Macroeconomics does not study
#12 The supply curve slopes ______________
#13 In ___________, the entry of other firms is restricted.
#14 ___________ is the important assumption of microeconomics.
#15 Microeconomics is concerned with the study of
#16 Facility of E – banking is provided through ___________
#17 In India, the responsibility for the calculation of national income rest with ______
#18 Bank Rate is also called as ______________ rate.
#19 Every loan creates a _________
#20 When government revenue exceeds government expenditure, it is known as _____________ budget.