Contrast the two concepts and give an example: “whatever is right does not mean it is good and whatever is good does not mean it is right"

What is the difference between binding and non-binding arbitration? a. non-binding arbitration means that the arbitration hearing is not held in a court room. b. binding arbitration means that the parties have agreed they will not challenge in court the ruling from the arbitration c. binding arbitration exists only at the appellate level of the court system. d. non-binding arbitration occurs when the court does not have jurisdiction over one of the parties in the arbitration.what is the difference between binding and non-binding arbitration? a. non-binding arbitration means that the arbitration hearing is not held in a court room. b. binding arbitration means that the parties have agreed they will not challenge in court the ruling from the arbitration c. binding arbitration exists only at the appellate level of the court system. d. non-binding arbitration occurs when the court does not have jurisdiction over one of the parties in the arbitration.

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.

Why do you think that historians use the word “revolution” to describe important changes in agriculture? how did the green revolution and other agricultural revolutions change the lives of billions of people? < < read less