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  • 24-08-2020
  • Social Studies
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Which of the following is a guns or butter decision?

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  • 24-08-2020

Answer:  In macroeconomics, the guns versus butter model is an example of a simple production–possibility frontier. It demonstrates the relationship between a nation's investment in defense and civilian goods. The "guns or butter" model is used generally as a simplification of national spending as a part of GDP

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