A corporation is a business that: O A. is controlled by people who buy stock.
O B. is legally owned by only one person.
O C. is set up and run by the government.
O D. is run by a group of two or more owners.
SUBM

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.