Answer:
The Gulf Stream is an intense, warm ocean current in the western North Atlantic Ocean.
Since the Gulf Stream also extends toward Europe, it warms western European countries as well. In fact, England is about the same distance from the equator as cold regions of Canada, yet England enjoys a much warmer climate. If it weren't for the warm water of the Gulf Stream, England would have a much colder climate.
When a product is elastic, a change in price quickly results in a change in the quantity demanded. When a good is inelastic, there is little change in the quantity of demand even with the change of the good's price. ... If the market price goes up, firms are likely to increase the number of goods they are willing to sell.
A) China 1.4 billion (India had 1.3 billion)
