Fill in the blanks using proper alternatives given in the brackets :(1

1.	Fill in the blanks using proper alternatives given in the brackets :(1) The terms ‘micro’ and ‘macro’ economics were first used by ............................... . (Adam Smith / Robbins / Ragner Frisch / Prof. Marshall) (2) ............................... consumption can not be zero. (Induced / Autonomous / Government / Private)(3) During depression .............................. budget is preferable. (balanced / surplus / deficit / zero)(4) The demand for salt is ............................... . (elastic / inelastic / infinite elastic / unitary elastic)(5) ............................... is a primary function of commercial bank. (Purchase and sell securities / Accept deposits / Safe deposit vault / Letter of credit)
Answer» (1) Ragner Frisch. (2) Autonomous. (3) deficit (4) Inelastic (5) Accept deposits

Fill in the blanks using proper alternatives given in the brackets :(1) The terms ‘micro’ and ‘macro’ economics were first used by ............................... . (Adam Smith / Robbins / Ragner Frisch / Prof. Marshall) (2) ............................... consumption can not be zero. (Induced / Autonomous / Government / Private)(3) During depression .............................. budget is preferable. (balanced / surplus / deficit / zero)(4) The demand for salt is ............................... . (elastic / inelastic / infinite elastic / unitary elastic)(5) ............................... is a primary function of commercial bank. (Purchase and sell securities / Accept deposits / Safe deposit vault / Letter of credit)

Answer»

(1) Ragner Frisch.

(2) Autonomous.

(3) deficit

(4) Inelastic

(5) Accept deposits

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