New oil reserves have been discovered in country a. this will have the following effect:
a.
demand for oil will increase.
c.
the supply of oil will increase.
b.
a future shortage will be created.
d.
the equilibrium price in the future will increase.

Why would a person who believes in a strict interpretation of the constitution have a concern with the elastic clause? a) the elastic clause limits the ability of the government to respond to new needs of the nation. b) the elastic clause gives the supreme court original jurisdiction in a limited number of cases. c) the elastic clause allows congress to exercise powers not specifically listed in the constitution. d) the elastic clause guarantees that a citizen's property cannot be taken away with due process of law.