What do we call the transfer of goods, foods and ideas between the old world and the new world during the 1500s?

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.

Susan recently graduated college and has moved into a new neighborhood close to work. she likes her house, neighbors, and feels that her job offers long-term security and advancement. this is an example of:

Tyler heard a story from a friend about a woman who was being beaten by her husband. he decided that the only reason the woman stayed with her husband was because she was too weak to leave him. in this case, tyler was using his sociological imagination.