Andrew Johnson Had Been Put on Lincoln's Ticket as Vice

question 34

Multiple Choice

Andrew Johnson had been put on Lincoln's ticket as vice president in his second term  

• A) because Lincoln's first vice president, Hannibal Hamlin, had displayed southern sympathies.
• B) to appeal to War Democrats and pro-Union southerners.
• C) as a safe choice in case Lincoln died in office.
• D) as a poor white who balanced Lincoln's aristocratic background.
• E) to appeal to Union soldiers and radical Republicans.

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Definitions:

Elastic

A term used in economics to describe a situation in which the supply or demand for a good or service is sensitive to changes in price.

Demand Curve

A graph showing the relationship between the price of a good and the quantity of that good consumers are willing and able to purchase, ceteris paribus.

Price Elasticity

The measure of how much the quantity demanded of a good responds to a change in the price of that good, expressing the sensitivity of demand to price changes.

Price Elasticity

An evaluation of how shifts in a good's price affect the quantity of it demanded.