posted by .

According to the “guns and butter” example, if a country decides to spend more on military goods, which of the following will happen?

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. economics

    Will it be true, false, or uncertain ?if people who was laid off return back to work that according to the productive possibility graph with a shift outward/right that butter and guns would increase. Explain.
  2. economics

    Identify similarities and differences between common goods, public goods, private goods, and natural monopolies. Provide an example of each type of good and justify your answers. Discuss possible positive or negative externalities …
  3. Economics

    Which of the following would not result from all countries specializing according to the principle of comparative advantage?
  4. 12th grade A.P. Economics

    How do economists use the phrase “guns or butter”?
  5. AP Economics

    Which economic question does the decision to produce butter instead of guns answer?
  6. Economics/ Free Enterprise

    What is "Guns or Butter"? Also what is a Production Possibilities curve?
  7. microeconomic

    Mexico produce only two goods, fish and coconuts. They only consume goods produced within their own country and do not trade with anyone. However Mexico needs more fish now.if they produce more fish they have to give up more coconuts. …
  8. Economics

    1. An economy's production possibilities frontier is also its consumption possibilities frontier. a. under all circumstances b. under no circumstances c. when the economy is self-sufficient d. when the rate of tradeoff between the …
  9. language arts

    What is the correct way to punctuate the underlined part of the following sentence?
  10. Economics

    The economic concept of guns or butter means that A. a person can spend money on either sports equipment or food. B. a company must decide whether to manufacture guns or butter. C. a government must decide to produce more or less military …

More Similar Questions