What is one role of congress in determining the federal budget?
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a developing budget requests
b. turning a draft budget into spending bills
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c. announcing the budget to the country
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d. evaluating the budgeting needs of federal agencies

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.