The stipulates that if a state tries to pass a law that conflicts within an area that has federal legislative jurisdiction it will be found unconstitutional.

Marian recently made the decision to try to re-wallpaper her own kitchen—which was a mistake given her personality! to compound the mistake, she selected a complex wallpaper pattern that included flowers and trees. each time she put one strip of paper on the wall, she became increasingly upset if there was not a perfect match from the pattern of one strip to the next. if one flower was off by as much as one-tenth of an inch, she would tear down the strip, remove the excess paste, and try again with the next strip. over eight hours after she started this job, she has only succeeded at putting up six strips of wallpaper, which covered about 10 percent of the room in which she was working. marian may suffer from personality disorder.

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.

The economic crash that began in 1929 was called the great recession, great depression, great slump, great revolution