QUESTION 1

Which of the following statements about Sweden is TRUE?

	A.	Sweden has the lowest degree of wealth and income equality in Europe
	B.	Welfare provisions have tended to become more generous over the past 40 years
	C.	The tax system has become more progressive over the past 40 years
	D.	Income inequality has increased since the 1980's

QUESTION 2

What factors led to Sweden's shift away from its long-term wage bargaining system in the early 1990's?

	A.	Death of the long-serving king and a shift to a moderate reform party in the parliament
	B.	Rapid decline in oil prices that limited exports from Sweden
	C.	Sharp rises in wages that reduced international competitiveness
	D.	Higher taxes on consumer goods that hurt low-income consumers

QUESTION 3

What are the key advantages enjoyed by Sweden after joining the EU in 1995?

	A.	More income and wealth equality
	B.	Improved education outcomes
	C.	Lower labor costs and lower unemployment
	D.	Improved efficiency and higher export growth

QUESTION 4

For much of the past century,Sweden has maintained relatively high employment levels and low inflation. What feature of the Swedish economy is the key factor in this outcome?

	A.	Very generous unemployment benefits
	B.	Non-market price setting mechanisms for inputs and finished goods
	C.	Routine devaluation of the krona
	D.	Corporatism or centralized wage bargaining

QUESTION 5

which country had the highest level of welfare generosity from 1971 to 1985?

	A.	Denmark
	B.	France
	C.	Norway
	D.	Sweden