(6)what characteristic is often found in less-developed countries? a. economies structured on tradition b. a turn towards industrialization c. entrance into the international market d. modernization

What is “the compromise of 1850? ” *

What was the goal of congress when it passed the sherman antitrust act to break up corporate trusts? a. to remove government regulation from businesses b. to return private competition to the marketplace c. to lower taxes on small and medium businesses d. to prevent politicians from investing in businesses e. to increase laissez-faire ideals in the marketplace

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.