Steve is on a first date with nora. they are getting along well, when nora suddenly hits steve with a very deep question. "where do you see yourself in 10 years, steve? " she asks. steve nearly chokes on his coffee, as he was just thinking about whether he'd get a goodnight kiss in an hour, not what he'd be doing in a decade. nora has asked steve to consider his

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.