Why is economic prosperity important for the country​

When would the government most likely increase in spending

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.

Which of the following people would a member of congress most likely contact for information on pending revenue legislation? a) a bureaucrat in a foreign government's revenue service. b) the host of a popular talk show c) the staff at one of the congressional support agencies d) athletes on a professional sports team form a major city