Which of the three product has a unitary elastic demand curve?

When the government cuts the income tax rate, the supply of labor ________, the demand for labor ________, and the equilibrium level of employment ________

A) increases; increases; increases B) increases; decreases; increases C) increases; does not change; increases D) decreases; increases; increases E) increases; does not change; decreases

Which of the following increases the demand for a normal good?

A) a decrease in income B) an decrease in the price of a substitute C) an increase in the price of a complement D) the price of the good is expected to increase in the future