The economic concept of guns or butter means that
a. a person can spend money on either sports...
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 or consumer goods.
d. a government can buy unlimited military and civilian goods if it is rich enough.
Answers: 3
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