According to the 2007/2008 United Nations Human Development Report, the Gini ratio for Portugal is 38.5, Norway is 25.8, the United States is 40.8, and Russia is 39.9. Which of these four countries has the lowest level of income equality?

Which of the following factors could start a demand-pull inflation?

A) an increase in the money wage rate B) an increase in tax rates C) a decrease in the money wage rate D) a decrease in government expenditure E) an increase in the quantity of money

Patents, tariffs, and quotas are all examples of

A) entry barriers that protect consumers. B) entry barriers that improve a country's standard of living. C) government-imposed barriers. D) economic regulations that increase efficiency.