Which of these is an example of a good with elastic supply?

What occurred during the Free Banking Era?

a. Currency varied widely from state to state. b. Repaying of loans was not closely monitored. c. The Second Bank of the United States was established. d. The dollar bill was introduced.

A sharp increase in the divorce rate increases the number of lawyers hired to determine divorce settlements. This will

A) increase GDP and decrease well-being in the economy. B) decrease GDP and decrease well-being in the economy. C) increase GDP and increase well-being in the economy. D) decrease GDP and increase well-being in the economy.