Developers decide to build an outdoor shopping complex and two future housing developments by cutting down acres of local woods. which type(s) of human activity is taking place in this example? a. agriculture b. deforestation c. natural erosion d. urban sprawl and deforestation

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.