“Achieve Success through” Omtex Classes “THE Home of Text” TIME: - 3 hours First preliminary examination MARKS: - 100 Q.1 (A) Complete the sentences by choosing correct alternative given below. Micro and macro approaches are _________________________ to each other. (Competitive, complementary, substitute, rival) __________is the desire backed up by ability to pay and willingness to pay for it. (Demand, Want, Commodity, Utility) The income of government through all sources called ____________________ (Public debt, Public expenditure, Public revenue, public taxation) Individual supply is a ___________________ economic variable. (Macro, Producer, Micro, Firm) Macro Economist was well explained by economist. (Marshall, Robbins, Adam Smith, J.M. Keynes) (B) State whether the following statements are true or false . Reservation pric