In 2008, Greece was negatively impacted by: 

Goodman, Pinkman, and White formed a partnership on January 1, 2020, and made capital contributions of $125,000 (Goodman), $175,000 (Pinkman), and $250,000 (White), respectively. With respect to the division of income, they agreed to the following: (1) interest of an amount equal to 10% of the that partner’s beginning capital balance for the year; (2) annual compensation of $15,000 to Pinkman; and (3) the remainder of the income or loss to be split among the partners in the following percentages: (a) 20% for Goodman; (b) 40% for Pinkman; and (c) 40% for White. Net income was $200,000 in 2020 and $240,000 in 2021. Each partner withdrew $1,500 for personal use every month during 2020 and 2021.What was Pinkman’s total share of net income for 2021?

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? 

Name the type of enzymatic chemical reaction used to break off a monomer from a larger molecule (polymer): _______

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.