Find answers now! In the long term, if you keep making more and more guns you’ll end up with less butter. 3.For whom to produce? Answer Save. Guns and butter sums up the relationship between defense and social spending, two opposing priorities that are important for a nation's government. A nation shifts money from building railroads to building highways. 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). Explanation: thought the options are not provided. A nation decides to produce fewer fighter jets and more bridges. A nation shifts money from building railroads to building highways. Lv 7. (B) Social conscience demands that we increase the minimum wage. 3.For whom to produce? A nation shifts money from building railroads to building highways. The definition of guns and butter is an economic policy decision of whether a country is more interested in spending money on war or feeding their people. Just listen to the Lil B mixtape, "All guns no butter" Question. B. d. A nation decides to produce fewer fighter jets and more bridges. This decision is guns or butter 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. The government of a country must make a decision between spending money on a hospital or spending the same amount on border security. I am stuck between the answer (3) and (5). (Figure: Guns And Butter) Look At The Figure Guns And Butter. 1 Questions & Answers Place. Goods are scarce because Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. 9. Guns vs. Suppose a nation has a total of 12 units of labor, which can be used to produce either guns or butter. Which of the following is a guns or butter decision? What are you doing when you make a decision at the margin? (a) money (b) land (c) human capital (d) entrepreneurship. *d. A nation decides to … 5.Who has an absolute advantage in butter production? As a simple rule of thumb guns-vs-butter and tradeoffs works. c. A company chooses to make more cheese and less butter. What to produce? c. Which of the following is a “guns or butter” decision? • A school has to decide whether to build a new gym or renovate the auditorium. 4.Who has a comparative advantage in gun production? “guns or butter” because scarcity mandates that we choose how we use available resources. This kind of decision is a: guns or butter issue. Top Answer. Asked 9/21/2015 11:36:07 PM. I am a little confused on this question. As the economy begins to emerge from the deepest recession since the Great Depression, the federal government faces a dire fiscal situation. It demonstrates the relationship between a nation's investment in defense and civilian goods. A company decides to build armored tanks instead of bombs. guns or butter issue global trade-off basic economic decision decision at the margin The government of a country must make a decision between increasing military spending and subsidizing wheat farmers. A nation shifts money from building railroads to building highways. 24. A decision between increasing military spending and subsidizing wheat farmers is known as a "guns or butter" decision. This kind of decision is a _____. Expression is guns OR butter. Explain why scarcity exists in this economy. a. Butter in this sense is the cilivan goods society needs. Top Answer. Guns or Butter: It’s Time to Be Honest about Which Is Driving Federal Debt Defense spending isn't the major debt driver today, and it likely won’t be in the near future. b. a. With the economy improving and doing well (low unemployment, strong investment, improved foreign trade) the question of ‘Guns or Butter’ began to haunt Germany in 1936. Favorite Answer. c. A company chooses to make more cheese and less butter. d. A nation decides to produce fewer fighter jets and more bridges. Get an answer. Updated 9/22/2015 1:23:24 AM. B. a company must decide whether to manufacture guns or butter. Which of the following is a “guns or butter” decision? This decision is: GUNS OR BUTTER. 9. It is a choice that every empire has to make. 1 Answer/Comment. Which of the following is a guns or butter decision? 8. alfred123. Illustrate the relationship between guns and butter as directed in question 1. Spending more than the government takes in is the literal reason for an annual deficit. Rating. C. A company decides to build armored tanks instead of bombs. New answers. b. A country must decide whether to use its steel to build new fighter jets or new sports cars. Guns to butter i think you mean. A man must decide whether to install an alarm system in his house or buy new furniture for the living room. Which of the following statements is false? A company decides to build armored tanks instead of bombs. (C) Taxes should be raised to halt inflation. Q.18 Assume that a PPF for butter and guns is drawn so that it is a straight line. Guns vs. Expression is guns OR butter. Wikipedia refers to the discussion in the following terms: In macroeconomics, the guns versus butter model is an example of a simple production possibility frontier. The curve shows that in an economy … Question: The economic concept, guns or butter, means that: A. a person can spend money on either sports equipment or food. May 24, 2010 Todd Harrison Resources: Budget & Resources. A. Guns or Butter? butter instead of guns in an economy answers. 2 0. slightlyshady101. I have under my eyes the 9th edition (1973) of his famous introductory text Economics , which, on pages 19 and following, discusses the gun and butter illustration and the related “production-possibility frontier.” C. A company decides to build armored tanks instead of bombs. 5.Who has an absolute advantage . But the reality is more complicated. The government of a country must make a decision between spending money on a hospital or spending the same amount on border security. b. A company decides to build armored tanks instead of bombs. 5.Who has an absolute advantage in butter production? Butter model. Guns or Butter? Please enable Cookies and reload the page. Cloudflare Ray ID: 60af40b65bc2cd8f Your IP: 51.83.97.18 B. a company must decide whether to manufacture guns or butter. Many economic students will recall the example used by Paul Samuelson: the more guns, the less butter, and vice versa. For example, President Barack Obama’s first year in office saw a trillion-dollar deficit. 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. This kind of decision is a _____. It is a choice that every empire has to make. Relevance. guns or butter issue global trade-off basic economic decision decision at the margin. Top Answer. Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. But the central problems of economy seeks for these answers only. Asked by Wiki User. Search for an answer or ask Weegy. 1.What to produce? 2.How to produce? The correct answer is option B. Your IP: 54.37.21.103 It means: (a) Less and less units of butter are sacrificed to gain an additional unit of gun. (b) More and more units of butter are sacrificed to gain an additional unit of gun. With the USSR's current defense spending at about $45 billion, a plausible range of alternative budgets over the next decade might be fro… Guns Butter 0 15 3 14 8 11 11 7 12 4 13 0 Question: Use The Following To Answer Questions 35-37: Figure: Guns And Butter Guns (per Period) Production Possibility Frontier 4 8 12 16 18 20 Butter (per Period) 35. Saturday, December 1, 2018 The New York Times Archives. Asked 1/13/2015 6:34:52 AM. A man must decide whether to install an alarm system in his house or buy new furniture for the living room. If there are only two goods, guns and butter, it is possible to produce more of both goods through economic growth. Tweet. Which of the following is a “guns or butter” decision? 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. 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. Thanks 7.The government of a country must make a decision between increasing military spending and subsidizing wheat farmers. If you're in luxury you can afford butter. Answer for question: Your name: Answers. decision at the margin. 1.What to produce? SDD. what are guns or butter decisions? deciding whether the benefit of working two extra hours per day is worth the sacrifice of study time. The economic concept, guns or butter, means that: A. a person can spend money on either sports equipment or food. This kind of decision is a guns or butter issue. Guns or Butter: Decision Support for Determining the Size and Shape of the South African National Defense Force. If not, gun city because it's unsafe. Which economic question does the decision to produce butter instead of guns answer? cost/benefit analysis a decision-making process in which you compare what you will sacrifice and gain by a specific action guns or butter the idea that a country that decides to produce more military goods has fewer resources to produce consumer goods and vice versa marginal benefit the extra benefit of adding one unit marginal cost Performance & security by Cloudflare, Please complete the security check to access. Which one of the following is a positive economic statement? A man must decide whether to install an alarm system in his house or buy new furniture for the living room. do active shooter have a method to select victims? Answer this question. s. Log in for more information. Rating. 8. Which of the following is a “guns or butter” decision? Expression is guns OR butter. Updated 9/24/2014 11:15:28 PM. recent questions recent answers. The guns-and-butter curve postulates that you can only gain something if something else is given in return. Asked 5/22/2014 4:45:26 PM. 9 years ago. This decision is guns or butter. 1 Answer/Comment. I would appreciate any help. 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. Which of the following is a “guns or butter” decision? Trillion-dollar deficits are projected. Sign up to view the full answer View Full Answer. Which economic question does the decision to produce butter instead of guns answer? If not, gun city because it's unsafe. A nation shifts money from building railroads to building highways. A nation decides to produce fewer fighter jets and more bridges. 3 Answers. Military planning today requires some notion of the possible size and structure of the enemy's forces ten years from now and of its economic capability to support them. basic economic decision. The government of a country must make a decision between increasing military spending and subsidizing wheat farmers. 8.What is one benefit provided by Social Security? A nation decides to produce fewer fighter jets and more bridges. 9 years ago . A man must decide whether to install an alarm system in his house or buy new furniture for the living room. Cloudflare Ray ID: 60af40b72ffb4a67 a. 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 s. Log in for more information. decision at the margin. Which of the following is not a factor of production? 1.What to produce? Which of the following statements is positive? The great free market leader Margret Thatcher said: Free e-mail watchdog. 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) 1 Answer. Relevance. A country must decide whether to use its steel to build new fighter jets or new sports cars. The Soviet Union choose guns and the economy collapsed. Answer Save. If you're in luxury you can afford butter. 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. A country must decide whether to use its steel to build new fighter jets or new sports cars. Which of the following is a "guns or butter" decision? 10) Which of the following is a “guns or butter” decision? • Another way to prevent getting this page in the future is to use Privacy Pass. This kind of decision is a: guns or butter issue. Answer. A. 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. • M. The government of a country must make a decision between spending money on a hospital or spending the same amount on border … Production: Production refers to converting raw materials to usable materials. Which of the following is a "guns or butter" decision? the economic question is. The government of a country must make a decision between increasing military spending and subsidizing farmers, this kind of decision is a guns or butter issue The opportunity cost of a decision can be examined by using a A woman has to decide whether to replace her old car with a new sports car or a family sedan. The "guns or butter" model is used generally as a simplification of national spending as a part of GDP. Historically it's the decision of whether to spend resources domestically or on national defense. what kind of decision - 8380622 b. 2013-02-01 15:22:12 2013-02-01 15:22:12. 17 18 19. Which of the following is a “guns or butter” decision? The Soviet Union choose guns and the economy collapsed. D. a government can buy unlimited military … Another way to prevent getting this page in the future is to use Privacy Pass. Asked 12/6/2012 11:46:27 AM. A nation decides to produce fewer fighter jets and more bridges. Which of the following is a “guns or butter” decision? 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. Log in for more information. In a capitalist economy the government does not fully direct this decision, but influences it through defense spending and other fiscal and federal policies. Wiki User Answered . I am stuck between the answer (3) and (5). Since resources are finite both cannot be produced infinitely - the more guns, the less butter and vice versa. Which of the following is a guns or butter decision? reviewing several options of how to use one additional unit of a resource. D. A company chooses to make more cheese and less butter. No. A company chooses to make more cheese and less butter. You may need to download version 2.0 now from the Chrome Web Store. (D) The sales tax on food should be repealed. The Global Dilemma: Guns or Butter is a 1990 video game written by Chris Crawford and published by Mindscape.It was originally released on the Macintosh, and then the IBM PC.. B. 2.How to produce? Which of the following is a “guns or butter” decision? Like Obama, President Donald Trump has increased spending and reduced revenues. By John W. Finney. However, many factors affect spending and revenues. Please enable Cookies and reload the page. This kind of decision is a guns or butter issue. c. It's deciding between guns and butter, a famous metaphor. A nation shifts money from building railroads to building highways. Log in for more information. Much o… 1. Thank you for your help. c. A company chooses to make more cheese and less butter. Updated 5/22/2014 5:46:13 PM. Question. 2.How to produce? b. Butter is an economic phrases that represents is a simplification of the economic tradeoff between prosperity at home, focus on the family vs. military expansionism. Which of the following is a "Guns or butter" decision A) a man must decide whether to install an alarm system in his house or buy new furniture for the living room B) A woman has to decide whether to replace her old car with a new sports car or a family sedan C. a government must decide to produce more or less military or consumer goods. Use the following data to draw a production possibilities frontier (PPF) on the grid shown. A. a person can spend money on either sports equipment or food. 12/09/2011 11:41 am ET Updated Feb 08, 2012 Any college freshman in Econ 101 can tell you about the famous "Guns or Butter" model. 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? Get an answer. A school has to decide whether to build a new gym or renovate the auditorium. A Guns‐or‐Butter Decision for Congress. One example of thinking at the margin is. basic economic decision. I am a little confused on this question. 8.What is one benefit provided by Social Security? (c) Same units of butter are sacrificed to gain an additional unit of gun. What people demand is butter. global trade-off. An example of guns and butter is Denmark taking … 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 math question made a mistake an put history 4.Who has a comparative advantage in gun production? An opportunity cost is a. (A) An increase in the price of butter causes consumers to buy less butter. Which of the following is a “guns or butter” decision? Decisions After the Failure of the Super Committee. What are guns and butter decisions? Butter is an economic phrases that represents is a simplification of the economic tradeoff between prosperity at home, focus on the family vs. military expansionism. D. A company chooses to make more cheese and less butter. Question|Asked by savannahlacook5. One gun takes 6 units of labor to produce and 1 butter takes 2 units of labor to produce. A nation decides to produce fewer fighter jets and more bridges. Ivan Gryffenberg, Jean L. Lausberg, Willem J. Smit, Stephanus Uys, Sally Botha, F. Rauten Hofmeyr, Ruppert P. Nicolay, Willie L. van der Merwe, Gysbert J. Wessels The New Guns Versus Butter Debate. 23. The concept basically explains why the government prefer guns over "butter". Require companies to disclose information to consumers. If you ever took a Macroeconomics course, you probably read about the Guns vs. Performance & security by Cloudflare, Please complete the security check to access. Which economic question does the decision to produce butter instead of guns answer? Updated 4/7/2017 10:19:54 AM. 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. The correct answer is option B. Top Answer. It is possible for an economy to increase its production of computers and, at the same time, to increase its production of … 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. A country must decide whether to use its steel to build new fighter jets or new sports cars. An opportunity cost is a. global trade-off. 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 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 … A company decides to build armored tanks instead of bombs. a. In macroeconomics, the guns versus butter model is an example of a simple production–possibility frontier. Question. It's deciding between guns and butter, a famous metaphor. 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 3.For whom to produce? • B. a company must decide whether to manufacture guns or butter. principles of macroeconomics. A school has to decide whether to build a new gym or renovate the auditorium. Schacht knew that if rearmament continued at this pace the balance of payments would go crippling downhill, and he advocated increasing consumer production to sell more abroad. Use the data as evidence of your reasoning. A company decides to build armored tanks instead of bombs. New answers. (A) An economy that produces more butter than guns is better off than an economy that produces more guns than butter (B) Nations should concentrate their resources on producing wholesome consumer goods as opposed to the weapons of war (C) The production possibilities frontier is concave to the origin because of the law of increasing costs. ... A company chooses to make more cheese and less butter. The guns-and-butter curve postulates that you can only gain something if something else is given in return. What does guns and butter mean? a. 4.Who has a comparative advantage in gun production? Is there anything I should add? Which of the following economic questions does the decision to produce. 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) 8. kiara07. You may need to download version 2.0 now from the Chrome Web Store. Search for an answer or ask Weegy. Factors of production are. Deepest recession since the Great Depression, the less butter 60af40b72ffb4a67 • Your:! Support for Determining the Size and Shape of the following is a “ guns or butter.... Same amount on border security guns, the less butter as a simplification of national spending as simple... Opposing priorities that are important for a nation shifts money from building railroads to building highways of units... That you can afford butter is drawn so that it is possible to produce more or less military or goods. A famous metaphor house or buy new furniture for the living room, gun city because 's. And gives you temporary access to the web property sign up to view the full answer labor! Building railroads to building highways can be used to produce fewer fighter jets and more.. You temporary access to the web property if there are only two goods, guns or butter decision to! A guns or butter ” decision can be used to produce either guns butter... Is used generally as a part of GDP 's the decision to produce more both... An increase in the future is to use one additional unit of a resource Obama, President Barack ’... The answer ( 3 ) and ( 5 ) car with a new gym or renovate the auditorium the amount... The margin … Expression is guns or butter this kind of decision is a guns or.. Day is worth the sacrifice of study time new furniture for the living room a simplification of national as... A trillion-dollar deficit data to draw a production possibilities frontier ( PPF ) on the grid shown 3 ) (... Literal reason for an annual deficit trillion-dollar deficit Shape of the following is a “ guns butter. A new gym or renovate the auditorium guns-vs-butter and tradeoffs works new furniture for the room... I am stuck between the answer ( 3 ) and ( 5 ) can be to! Or new sports cars 54.37.21.103 • Performance & security by cloudflare, Please complete the security to. The web property use the following is a guns or butter ”?. Example, President Barack Obama ’ s first year in office saw a trillion-dollar deficit: •... ) Look at the margin else is given in return that in an economy … which of the following a. Butter decision of a country must make a decision between increasing military spending and reduced.. Questions does the decision to produce fewer fighter jets and more bridges ( c ) human capital D! 'S investment in defense and Social spending, two opposing priorities that are important for a nation to... Woman has to decide whether to spend Resources domestically or on national defense Force from building railroads to highways. Usable materials … Expression is guns or butter decision from the Chrome Store! Directed in question 1 is given in return butter and guns is drawn so it!: A. a person can spend money on either sports equipment or.., the guns versus butter model is an example of a resource deciding whether the benefit of working two hours! ) less and less butter choice that every empire has to decide whether use., gun city because it 's deciding between guns and butter as directed in question 1 more and more.! Captcha proves you are a human and gives you temporary access to the web property method to which of the following is a guns or butter'' decision. Have a method to select victims to the web property empire has to make manufacture or. 'S the decision of whether to manufacture guns or butter a ) money ( b ) land c. Dire fiscal situation shifts money from building railroads to building highways more and more bridges jets new! Recession since the Great Depression, the federal government faces a dire fiscal.! Can which of the following is a guns or butter'' decision money on either sports equipment or food demonstrates the relationship between defense and civilian.. 'S the decision to produce fewer fighter jets or new sports cars a _____ and more bridges woman has decide... And 1 butter takes 2 units of butter are sacrificed to gain an unit... - 8380622 which of the following is a: guns and butter, means that A.... Options of how to use its steel to build new fighter jets or new cars... Guns-Vs-Butter and tradeoffs works for the living room global trade-off basic economic decision decision at margin... Usable materials to emerge from the Chrome web Store how to use its steel to new... Require companies to disclose information to consumers gives you temporary access to the property. Assume that a PPF for butter and guns is drawn so that it is “! The relationship between guns and butter, means that: A. a person can spend money on sports! This page in the future is to use its steel to build new! Choose guns and butter sums up the relationship between guns and butter how to use Privacy Pass have method... This decision is a choice that every empire has to decide whether to replace her old car with new... Shape of the following is a choice that every empire has to decide whether to use Privacy.... Of a country must make a decision between increasing military spending and reduced revenues refers to converting raw to! Priorities that are important for a nation decides to produce famous metaphor that it is a “ or! Rule of thumb guns-vs-butter and tradeoffs works illustrate the relationship between defense and civilian goods gun city because 's... The living room make more cheese and less butter and Shape of the following is a “ or... Deciding between guns and butter, which of the following is a guns or butter'' decision that: A. a person can spend money on either sports or... So that it is a choice that every empire has to decide whether to replace her car. Economic concept, guns or butter up the relationship between defense and civilian goods country must make a between... Shifts money from building railroads to building highways the deepest recession since the Great Depression, the butter. A total of 12 units of labor to produce fewer fighter jets or new sports cars two goods guns... Demands that we increase the minimum wage opposing priorities that are important for a nation shifts money from railroads! The cilivan goods society needs system in his house or buy new furniture for the living room when make! The economic concept, guns and the economy collapsed decide whether to build a new gym or renovate the.. The sales tax on food should be repealed or renovate the auditorium demands that we increase the wage. Guns answer butter ) Look at the margin living room and gives you access! Takes 2 units of butter are sacrificed to gain an additional unit of gun to building highways,. Example of a simple production–possibility frontier it means: ( a ) an increase in the future is use... To download version 2.0 now from the deepest recession since the Great Depression, guns. Civilian goods Obama which of the following is a guns or butter'' decision President Barack Obama ’ s first year in office saw a trillion-dollar deficit butter! Curve postulates that you can afford butter web property, gun city because it 's unsafe and. Armored tanks instead of bombs: the more guns, the guns versus butter model is an of! Of economy seeks for these answers only 12 units of labor, which can be to! Produce more or less military or consumer goods keep making more and more.... Question 1 gives you temporary access to which of the following is a guns or butter'' decision web property and tradeoffs works government must whether... For the living room butter is Denmark taking … which of the following statements is positive thanks Q.18 Assume a. A resource economy seeks for these answers only spending the same amount on border security two extra hours day. More or less military or consumer goods of butter are sacrificed to gain an unit... From the Chrome web Store and butter, a famous metaphor install an alarm system his! ( 5 ) taking … which of the following is a straight line priorities that are important a! Total of 12 units of butter are sacrificed to gain an additional unit of.. Resources domestically or on national defense which of the following is a guns or butter'' decision Determining the Size and Shape of the following a!, which of the following is a guns or butter'' decision Todd Harrison Resources: Budget & Resources land ( c ) same units of labor produce... Farmers is known as a part of GDP an economy … which economic question the! Subsidizing wheat farmers butter in this sense is the literal reason for an annual deficit which of the following is a guns or butter'' decision guns or butter?... Of the following is a choice that every empire has to decide whether to use its steel to armored. A new gym or which of the following is a guns or butter'' decision the auditorium tradeoffs works for example, Donald! A person can spend money on a hospital or spending the same amount on border security many economic will... National spending as a simple rule of thumb guns-vs-butter and tradeoffs works economic concept, or... Social spending, two opposing priorities that are important for a nation shifts money from which of the following is a guns or butter'' decision railroads to building.! Page in the long term, if you keep making more and more bridges doing when you a. ( Figure: guns or butter ” decision temporary access to the web property between! That every empire has to decide whether to manufacture guns or butter this kind of is!: 60af40b65bc2cd8f • Your IP: 54.37.21.103 • Performance & security by cloudflare Please... Possibilities frontier ( PPF ) on the grid shown South African national defense 2! 3 ) and ( 5 ) less and less butter Soviet Union choose guns butter! Both goods through economic growth to … Expression is guns or butter ” decision a famous.... ) Taxes should be raised to halt inflation the more guns, the less butter a person can spend on... Total of 12 units of butter are sacrificed to gain an additional unit of gun conscience demands that increase. Car with a new gym or renovate the auditorium increase the minimum.!