Under present U.S. federal law, which one of the following is a government-inhibited good?

The income elasticity of demand refers to:

A. a change in income following a change in quantity demanded. B. the change in income required for quantity demanded to change by 1%. C. the substitution of one good for another as income changes. D. the percentage change in quantity demanded resulting from a 1-percent increase in income.

The gold standard dominated exchange rate systems during what period?

A) from 1776 to 1816 B) from 1836 to 1849 C) from 1870 to 1913 D) from 1945 to 1965