Micah is creating a graph on government bonds and their impact on the national debt. If the government buys back bonds and incurs no additional debts, what is the graph MOST LIKELY to show? A. The national debt is becoming a surplus
B. The national debt remains unchanged
C. The national debt is increasing.
D. The national debt is decreasing

Mankiw attributes – chapter 1 and his 10 principles – differences in living standards within a countryover time and across countries at a moment in time to: a. the presence or absence of inflation and unemployment.b. the allocation of resources between private markets and the public sector.c. those that have dealt successfully with the efficiency v. equality tradeoff and those that haven’t.d. differences in productivity.e. ones that think at the margin and respond to incentives and those that don’t.