Answer:
How Elasticity Works. When the value of elasticity is greater than 1.0, it suggests that the demand for the good or service is affected by the price. A value that is less than 1.0 suggests that the demand is insensitive to price, or inelastic.
Explanation:
It would be "executive privilege" that describes a President's need to keep information private, since this can allow the President to keep information from both Congress and the public.
Waterways, steamboats, and railways, alongside the broadcast all affected the market economy somehow. In the book, on page 335, it states, " The railroad opened huge new ranges of the American inside to the settlement while empowering the digging of coal for fuel and the produce of iron for trains and rails." The railroad was likewise the reason for Chicago getting to be plainly one of the best urban areas. Waterways took into account "cultivate families to send their products to showcase". Steamboats made transportation upstream conceivable. Transmit took into account "correspondence all through the country". It was for the most part utilized for organizations. Every one of the four of these developments "twisted America out of its monetary past" by making exchange/business quicker, less expensive, and more proficient.
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