The terms Micro and Macro Economics were first used by _____________.
Concept: Introduction and Features of Micro Economics
Demand for necessaries is................
(elastic / inelastic / infinitely elastic / unitary elastic)
Concept: Demand
Accepting deposits from the public is the................................. function of Commercial Bank.
(secondary / general / primary / incidental)
Concept: Commercial Banks
Group "A" |
Group "B" |
||
(a) |
Demand for electricity |
(1) |
Rent |
(b) |
Perfectly elastic supply |
(2) |
Transfer income |
(c) |
Land |
(3) |
Dear money policy |
(d) |
Pension |
(4) |
Composite demand |
(e) |
Inflation |
(5) |
Horizontal supply curve |
|
|
(6) |
Part of national income |
|
|
(7) |
Vertical supply curve |
|
|
(8) |
Cheap money policy |
Concept: Introduction and Features of Micro Economics
Income elasticity of demand for inferior goods is negative.
Concept: Elasticity of Demand
Income elasticity of demand for inferior goods is negative.
Concept: Elasticity of Demand
Meaning and Definition of Micro Economics?
Concept: Introduction and Features of Micro Economics
Micro Economics studies behaviours of individual economic unit.
Concept: Introduction and Features of Micro Economics
Demand for the commodity having multiple uses has elastic demand.
Concept: Elasticity of Demand
With the increase in income, both consumption and savings increase.
Concept: Concept of National Income
With the increase in income, both consumption and savings increase.
Concept: Concept of National Income
Total Cost and Total Revenue.
Concept: Concept of National Income
Total Cost and Total Revenue.
Concept: Concept of National Income
Total Cost and Total Revenue.
Concept: Concept of National Income
Total Cost and Total Revenue.
Concept: Concept of National Income
Distinguish between Gross National Product and Net National Product.
Concept: Concept of National Income
Distinguish between Gross National Product and Net National Product.
Concept: Concept of National Income