Which of the following makes decisions about interest rates and the growth of the money supply? a. federal advisory council b. federal open market comittee c. federal reserve comittiee d. federal monetary council

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.

Give three examples of distinctive characteristics of conformity to typical american culture

What is the cause of their extinction