National income is equal to gross domestic product minus:

Without any change in the demand for labor, how will shifts in the supply of labor affect equilibrium wage and employment?

What will be an ideal response?

If the cross-price elasticity of demand is positive, then the

a. two goods are complements b. two goods are substitutes c. two goods have no relationship to each other d. price is below the equilibrium e. price is above the equilibrium