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