This Lorenz curve graph shows 2 income distributions, BEFORE taxes and benefits (YELLOW and to right) and AFTER taxes and benefits (GREEN and to left). What can you conclude? 

Which of the following describes benefits of NAFTA? Check all that apply.  With free trade via NAFTA…

When we look back historically, we see that 75% of the countries in the world started off poor. The other 25% started as middle income countries.  

Which of the following things can a country use to decrease its money supply? (check all that apply) 

Free trade refers to the exchange of goods and services in the absence of trade barriers such as quotas and tariffs. 

Growth disasters we discussed in this class included… (check all that apply)

Which is true about the poverty line? Check all that apply. 

The following table illustrates what can be produced in 1 day with the same stock of resources in France and Germany. Use the information to answer the following questions.     cheese  beef France 34 40 Germany 56 20 If countries choose to be self sufficient and simply divide their time between the two activities (they do not specialize), what will be in the economic pie? 

The boys took out a loan to: 

A floating exchange rate system is more sophisticated and more effort than a pegged exchange rate system for the country whose currency it is.