I believe the answer is: its supply or demand is not sensitive to price changes
A goods would fall under inelastic category if that product is considered as basic/primary needs for most consumers.
Example of such goods is food and water. No matter how much the price of food and water rises, the demand for this goods would stay relatively stagnant because people have to use them to survive.
Answer:The Constitution provides that an amendment may be proposed either by the Congress with a two-thirds majority vote in both the House of Representatives and the Senate or by a constitutional convention called for by two-thirds of the State legislatures.
Explanation:
Answer:
Germany had suspended the gold standard and financed the war by borrowing. Reparations further strained the economic system, and the Weimar Republic printed money as the mark's value tumbled. Hyperinflation soon rocked Germany. By November 1923, 42 billion marks were worth the equivalent of one American cent.Jun 27, 2019
It shared news among the colonies .
