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1. what was the premise behind the recording industry association of america’s lawsuit against napster? 2. based on your knowledge of how napster worked, if you downloaded a copy of a song from a friend’s hard drive using napster, would you be infringing on the musician’s or record company’s copyright? 3. describe the scope of the digital millennium copyright act and what or whom it protects. 4. what was the link between the digital millennium copyright act and the napster legal proceedings? 5. what are the legal implications of napster’s online music-sharing service?

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.