Creative destruction is a term given to the idea that:  

A Lorenz curve shows the distribution of income for a country. 

Steve Jobs also suggests that China “lures” foreign firms to move operations to China. For example, to entice American firms to do their production in China, these Chinese companies…

Creative destruction has victims…there are winners and losers. 

The bailout and austerity measures had to be voted on by Greek citizens. Because they had no other choice, the plan was approved, even though it was by only a narrow margin. 

We learn that the standard diet for children in the community is _______ so they are not getting the nutrition they need. 

Suppose countries A and B have made an agreement between themselves to limit the amount of things that they export to each other. This is an example of what kind of non-tariff trade barrier? 

Citizens in North Korea live in fear because the leader has the ability to banish them to:  

Interestingly, cell phones have been quite accessible, as people can purchase them easily in the marketplace. 

The following table represents the output per day for countries Columbia and Costa Rica. The numbers represent points taken off of a LINEAR PPF.     Columbia  COFFEE   Columbia   BANANAS      Costa Rica      COFFEE   Costa Rica   BANANAS A 0 50    0 40 B 15 25    8 20 C 30 0    16 0 Based on this information, __________ should specialize in coffee and _________ in bananas.