Mr. Sherman wants because he believes
. Mr. Gerry
(agrees/disagrees) with Mr. Sherman. He says that an “excess of [or having too much] democracy” is a
(problem/benefint ). Gerry says that people are by false reports. Mr. Mason
(agrees/disagrees). He says that the
branch
(should/should
not) be elected by the people because it should “know and sympathise with every part of the community”

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.