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which of the following is a guns or butter'' decision

Spending more than the government takes in is the literal reason for an annual deficit. A Guns‐or‐Butter Decision for Congress. Like Obama, President Donald Trump has increased spending and reduced revenues. 1 Answer. 4.Who has a comparative advantage in gun production? An opportunity cost is a. A company decides to build armored tanks instead of bombs. Use the following data to draw a production possibilities frontier (PPF) on the grid shown. a. What people demand is butter. c. This kind of decision is a guns or butter issue. 9 years ago . Which of the following is a “guns or butter” decision? • Get an answer. A company decides to build armored tanks instead of bombs. Means make a decision- do you want to spend money on the tools or war (guns), or spend money improving the quality of life (butter on your bread- or just bread) Which of the following is a “guns or butter” decision? One example of thinking at the margin is. A nation decides to produce fewer fighter jets and more bridges. Favorite Answer. Illustrate the relationship between guns and butter as directed in question 1. b. A nation decides to produce fewer fighter jets and more bridges. When you are thinking on the margin, the factor that should most influence your decision is most closely described by which of the following terms _____ a. marginal cost b. opportunity cost c. the “guns or butter” theory d. marginal opportunity benefits A woman has to decide whether to replace her old car with a new sports car or a family sedan. decision at the margin. Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. If you're in luxury you can afford butter. If not, gun city because it's unsafe. Which of the following statements is false? do active shooter have a method to select victims? s. Log in for more information. b. 1.What to produce? s. Log in for more information. (B) Social conscience demands that we increase the minimum wage. Since resources are finite both cannot be produced infinitely - the more guns, the less butter and vice versa. Suppose one were speculating about the size of Soviet defense outlays through 1975, necessarily making assumptions about many things such as technological breakthroughs and the shifting winds of coexistence. Which economic question does the decision to produce butter instead of guns answer? Guns and butter generally refers to the dynamics involved in a federal government’s allocations to defense versus social programs when deciding on a budget. C. A company decides to build armored tanks instead of bombs. If you ever took a Macroeconomics course, you probably read about the Guns vs. 2.How to produce? Free e-mail watchdog. Your IP: 51.83.97.18 principles of macroeconomics. As a simple rule of thumb guns-vs-butter and tradeoffs works. A nation decides to produce fewer fighter jets and more bridges. Cloudflare Ray ID: 60af40b72ffb4a67 The correct answer is option B. It is a choice that every empire has to make. B. a company must decide whether to manufacture guns or butter. According to the Office of Management & Budget, federal deficits from 2001 to 2017 peaked in 2009, hit a low point in 2015, and are going straight back up. the economic question is. 4.Who has a comparative advantage in gun production? Answer Save. Which of the following is a "guns or butter" decision? In macroeconomics, the guns versus butter model is an example of a simple production–possibility frontier. 4.Who has a comparative advantage in gun production? For example, President Barack Obama’s first year in office saw a trillion-dollar deficit. When you are thinking on the margin, the factor that should most influence your decision is most closely described by which of the following terms _____ a. marginal cost b. opportunity cost c. the “guns or butter” theory d. marginal opportunity benefits A simplified version of a country's spending choices, it lays out the costs and benefits of investing in "guns" (defense), or "butter" (civilian goods). The concept basically explains why the government prefer guns over "butter". You may need to download version 2.0 now from the Chrome Web Store. 5.Who has an absolute advantage in butter production? 8. kiara07. A man must decide whether to install an alarm system in his house or buy new furniture for the living room. (C) Taxes should be raised to halt inflation. What to produce? A. New answers. It's deciding between guns and butter, a famous metaphor. If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices. Search for an answer or ask Weegy. Top Answer. Question. I am a little confused on this question. D. A company chooses to make more cheese and less butter. An opportunity cost is a. The recent failure of the not-so-super committee, which triggered a $1.2 Trillion guillotine to the 2012 budget, has forced us into a classic guns vs. butter … It is a choice that every empire has to make. This kind of decision is a _____. Require companies to disclose information to consumers. The guns-and-butter curve postulates that you can only gain something if something else is given in return. ... A company chooses to make more cheese and less butter. 2 0. slightlyshady101. An example of guns and butter is Denmark taking … global trade-off. Which of the following is a “guns or butter” decision? B. Guns vs. Production: Production refers to converting raw materials to usable materials. a. If not, gun city because it's unsafe. Tweet. decision at the margin. Performance & security by Cloudflare, Please complete the security check to access. Is there anything I should add? Answer for question: Your name: Answers. • b. I am stuck between the answer (3) and (5). Which one of the following is a positive economic statement? If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. Asked 9/21/2015 11:36:07 PM. The "guns or butter" model is used generally as a simplification of national spending as a part of GDP. A nation shifts money from building railroads to building highways. Guns to butter i think you mean. A country must decide whether to use its steel to build new fighter jets or new sports cars. (c) Same units of butter are sacrificed to gain an additional unit of gun. 2013-02-01 15:22:12 2013-02-01 15:22:12. A country must decide whether to use its steel to build new fighter jets or new sports cars. 9. The guns/ butter trade off is when a country has to decide to produce military good or consumer goods and in today's economy the country is spending most of it's resources to produce military goods for the war in Iraq and Afghanistan. Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. basic economic decision. As the economy begins to emerge from the deepest recession since the Great Depression, the federal government faces a dire fiscal situation. 1.What to produce? Suppose a nation has a total of 12 units of labor, which can be used to produce either guns or butter. c. A company chooses to make more cheese and less butter. Rating. It demonstrates the relationship between a nation's investment in defense and civilian goods. a. Guns vs. 8. Which of the following is a “guns or butter” decision? 3.For whom to produce? If there are only two goods, guns and butter, it is possible to produce more of both goods if the economy is currently operating at a productive inefficient point. 24. 9. Answer Save. The game is a simulation of macroeconomics in which the player attempts to improve the economy of their country in an effort to outproduce the computer players. Butter is Denmark taking … which of the following is a guns which of the following is a guns or butter'' decision butter Shape the... Since the Great Depression, the federal government faces a dire fiscal situation 's government year in office saw trillion-dollar... To draw a production possibilities frontier ( PPF ) on the grid shown need to download version now... In return with a new gym or renovate the auditorium country must make a decision between spending money on sports... Less units of butter are sacrificed to gain an additional unit of gun the! 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