In the classical model, the government needs to worry about total spending

If Italy can produce grapes at a lower opportunity cost than any other nation, Italy is said to have a(n) ________ in the production of grapes

A) comparative disadvantage B) autarky C) comparative advantage D) absolute advantage

An economic expansion leads to ________ needs-tested spending and ________ induced taxes

A) higher; lower B) lower; higher C) higher; higher D) lower; lower E) lower; no change in