Based on the data in the table above, ice cream and cake are ________ goods

A) inferior
B) normal
C) substitute
D) complementary
E) Both answers B and D are correct.

D

Economics

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In the 1980s, the federal government gradually ________ interest-rate ceiling on deposits at commercial banks and thrift institutions, which has ________ the costs of inflation

A) imposed, lowered B) imposed, reduced C) lifted, lowered D) lifted, reduced

Economics

An employee who has worked with only one organization all her life, and is now close to her retirement age, is unlikely to find an equally profitable position with another company because:

a. her productivity is very low. b. her firm-specific capital is of little use to other organizations. c. other organizations can not verify her previous work record. d. her preference for leisure is likely to be very high.

Economics