The Goal of a commmand economy is to

Annie and bart are coworkers. in fact, they share a cubicle wall. recently, they were involved in a fender-bender in the company parking lot. each blames the other for the accident, and the two have stopped speaking. would you advise them to try to settle their dispute through arbitration, mediation, or with a traditional lawsuit? why?

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.

Give three examples of distinctive characteristics of conformity to typical american culture