High skilled labor and information technology are ________ while low skilled labor and information technology are ________

A) complements; substitutes
B) substitutes; substitutes
C) substitutes; complements
D) complements; complements

A

Economics

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Campaign finance reform is usually proposed

a. as a way of reducing the power of special-interest groups b. as a form of rent seeking c. by economists as a way of implementing the median voter model d. by political action committees e. by the Justice Department

Economics

Suppose that the income elasticity of demand for fresh vegetables is 0.26 . If buyers' incomes rise by 10 percent, then

a. the demand curve for fresh vegetables will shift to the left b. the quantity of fresh vegetables demanded will rise by 2.6 percent c. the quantity of fresh vegetables demanded will rise by 12.6 percent d. there will be a movement down and to the right on the demand curve for fresh vegetables e. there will be a movement up and to the left along the demand curve for fresh vegetables

Economics