As the baby boom generation, born during 1946 through 1960, reaches retirement age during the 2011 through 2030 period, the number of workers per Social Security beneficiary is expected to

a. increase to five.
b. remain constant at approximately seven.
c. decline to approximately five.
d. decline to approximately two.

D

Economics

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An automatic stabilizer tends to increase GDP when it is rising.

a. true b. false

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Refer to Figure 4-3. What area represents consumer surplus at P2?

A) A + B B) A + B + D + E C) B + C D) A

Economics