Which of the following is necessary to make a trade in a barter economy?

The fate of the Second Bank of the United States? It

a. was lauded by Andrew Jackson and eventually became the Federal Reserve b. was viewed as a great success by many southern and western banks c. prospered because it took a positive view towards many speculative land ventures d. disappeared because it could not issue its own notes e. became just another bank in Pennsylvania by 1836

Other things constant, the price elasticity of demand for a product will tend to be smaller (more inelastic) if

a. people spend a large share of their income on the product. b. people spend an insignificant share of their income on the product. c. the population in the market area is large. d. there are many good substitutes for the product.