By 2030, the number of workers per Social Security beneficiary will be approximately

In order to ________, a government must decrease spending and increase taxation

A) increase aggregate demand B) decrease aggregate supply C) increase aggregate supply D) decrease aggregate demand

If the opportunity cost of producing cheese is higher in Greece than it is in Italy, then:

a. Greece should specialize in producing cheese. b. Italy should specialize in producing cheese. c. both Greece and Italy should produce cheese. d. Greece gives up fewer goods to produce cheese than Italy does. e. Italy has a better economy than Greece.