Cecil is preoccupied with thoughts of jumping out the window of his tenth-floor apartment. To reduce his anxiety, he frequently counts his heartbeats aloud. Cecil would most likely be diagnosed as experiencing a(n) a bipolar disorder. b panic disorder. c phobia. d obsessive-compulsive disorder. e generalized anxiety disorder.

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.