jprosenthal23
jprosenthal23 jprosenthal23
  • 19-02-2021
  • Social Studies
contestada

Explain how economists use the term “guns or butter¨

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kayonnaclark14
kayonnaclark14 kayonnaclark14
  • 19-02-2021
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. Both areas can be critically important to a nation's economy. Times of war can have a substantial effect on a country's economy and its societal progression.
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