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.. Require companies to disclose information to consumers. deciding whether the benefit of working two extra hours per day is worth the sacrifice of study time. 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 … 1 Answer/Comment. The New York Times Archives. A country must decide whether to use its steel to build new fighter jets or new sports cars. Rating. The guns-and-butter curve postulates that you can only gain something if something else is given in return. This decision is guns or butter. Answer. the economic question is. I am a little confused on this question. Answer Save. decision at the margin. M. The government of a country must make a decision between spending money on a hospital or spending the same amount on border … Find answers now! A company decides to build armored tanks instead of bombs. 4.Who has a comparative advantage in gun production? May 24, 2010 Todd Harrison Resources: Budget & Resources. Which of the following is a guns or butter decision? 8. alfred123. 2.How to produce? Updated 9/24/2014 11:15:28 PM. Please enable Cookies and reload the page. Top Answer. Answer this question. 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 I am a little confused on this question. 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 do active shooter have a method to select victims? Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. Updated 4/7/2017 10:19:54 AM. 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) b. Which of the following is a “guns or butter” decision? Sign up to view the full answer View Full Answer. A company decides to build armored tanks instead of bombs. The guns-and-butter curve postulates that you can only gain something if something else is given in return. Guns and butter sums up the relationship between defense and social spending, two opposing priorities that are important for a nation's government. Q.18 Assume that a PPF for butter and guns is drawn so that it is a straight line. guns or butter issue global trade-off basic economic decision decision at the margin. Trillion-dollar deficits are projected. basic economic decision. • With the USSR's current defense spending at about $45 billion, a plausible range of alternative budgets over the next decade might be fro… 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 A. Suppose a nation has a total of 12 units of labor, which can be used to produce either guns or butter. b. Thank you for your help. 1.What to produce? B. a company must decide whether to manufacture guns or butter. 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 concept basically explains why the government prefer guns over "butter". Use the following data to draw a production possibilities frontier (PPF) on the grid shown. Asked 1/13/2015 6:34:52 AM. Explain why scarcity exists in this economy. This decision is guns or butter An example of guns and butter is Denmark taking … Another way to prevent getting this page in the future is to use Privacy Pass. A man must decide whether to install an alarm system in his house or buy new furniture for the living room. Asked 5/22/2014 4:45:26 PM. 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) 4.Who has a comparative advantage in gun production? A nation shifts money from building railroads to building highways. d. A nation decides to produce fewer fighter jets and more bridges. The correct answer is option B. a. Performance & security by Cloudflare, Please complete the security check to access. Which of the following is a “guns or butter” decision? In macroeconomics, the guns versus butter model is an example of a simple production–possibility frontier. An opportunity cost is 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 math question made a mistake an put history Please enable Cookies and reload the page. Question|Asked by savannahlacook5. It is a choice that every empire has to make. A country must decide whether to use its steel to build new fighter jets or new sports cars. If you're in luxury you can afford butter. s. Log in for more information. A woman has to decide whether to replace her old car with a new sports car or a family sedan. a. A school has to decide whether to build a new gym or renovate the auditorium. It is possible for an economy to increase its production of computers and, at the same time, to increase its production of … Free e-mail watchdog. 24. Which of the following is a guns or butter decision? A man must decide whether to install an alarm system in his house or buy new furniture for the living room. 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. This kind of decision is a guns or butter issue. Get an answer. If not, gun city because it's unsafe. 17 18 19. what are guns or butter decisions? Which of the following is a “guns or butter” decision? As a simple rule of thumb guns-vs-butter and tradeoffs works. A nation shifts money from building railroads to building highways. This kind of decision is a guns or butter issue. Another way to prevent getting this page in the future is to use Privacy Pass. 1.What to produce? Which of the following is a guns or butter decision? Relevance. Top Answer. Which of the following is a "guns or butter" decision? what kind of decision - 8380622 B. a company must decide whether to manufacture guns or butter. A company chooses to make more cheese and less butter. Which economic question does the decision to produce butter instead of guns answer? Historically it's the decision of whether to spend resources domestically or on national defense. Question. D. A company chooses to make more cheese and less butter. What are guns and butter decisions? Lv 7. What people demand is butter. Just listen to the Lil B mixtape, "All guns no butter" 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. C. A company decides to build armored tanks instead of bombs. A nation shifts money from building railroads to building highways. As the economy begins to emerge from the deepest recession since the Great Depression, the federal government faces a dire fiscal situation. Question: The economic concept, guns or butter, means that: A. a person can spend money on either sports equipment or food. What does guns and butter mean? Which of the following is a “guns or butter” decision? Expression is guns OR butter. Search for an answer or ask Weegy. 1 Answer/Comment. 2 0. slightlyshady101. Expression is guns OR butter. A nation decides to produce fewer fighter jets and more bridges. 5.Who has an absolute advantage in butter production? Performance & security by Cloudflare, Please complete the security check to access. If you ever took a Macroeconomics course, you probably read about the Guns vs. Since resources are finite both cannot be produced infinitely - the more guns, the less butter and vice versa. Is there anything I should add? 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). D. A company chooses to make more cheese and less butter. 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. But the central problems of economy seeks for these answers only. 3.For whom to produce? a. A nation shifts money from building railroads to building highways. No. Which of the following is a “guns or butter” decision? New answers. a. s. Log in for more information. A company decides to build armored tanks instead of bombs. (C) Taxes should be raised to halt inflation. 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. Which one of the following is a positive economic statement? 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. (Figure: Guns And Butter) Look At The Figure Guns And Butter. 8.What is one benefit provided by Social Security? b. 10) Which of the following is a “guns or butter” decision? Explanation: thought the options are not provided. A nation decides to produce fewer fighter jets and more bridges. The curve shows that in an economy … A decision between increasing military spending and subsidizing wheat farmers is known as a "guns or butter" decision. What to produce? 3 Answers. 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. Which of the following statements is false? 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. 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. 9. The Soviet Union choose guns and the economy collapsed. Top Answer. 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. c. A school has to decide whether to build a new gym or renovate the auditorium. Factors of production are. “guns or butter” because scarcity mandates that we choose how we use available resources. A nation shifts money from building railroads to building highways. It means: (a) Less and less units of butter are sacrificed to gain an additional unit of gun. Butter model. C. a government must decide to produce more or less military or consumer goods. In a capitalist economy the government does not fully direct this decision, but influences it through defense spending and other fiscal and federal policies. Saturday, December 1, 2018 b. Guns vs. I am stuck between the answer (3) and (5). I would appreciate any help. (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. Like Obama, President Donald Trump has increased spending and reduced revenues. Search for an answer or ask Weegy. A nation decides to produce fewer fighter jets and more bridges. 5.Who has an absolute advantage in butter production? However, many factors affect spending and revenues. Butter in this sense is the cilivan goods society needs. 4.Who has a comparative advantage in gun production? Top Answer. 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. A country must decide whether to use its steel to build new fighter jets or new sports cars. C. A company decides to build armored tanks instead of bombs. 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. B. The "guns or butter" model is used generally as a simplification of national spending as a part of GDP. a. (B) Social conscience demands that we increase the minimum wage. 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 economic question does the decision to produce butter instead of guns answer? Cloudflare Ray ID: 60af40b65bc2cd8f 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.” Relevance. The New Guns Versus Butter Debate. 2013-02-01 15:22:12 2013-02-01 15:22:12. A man must decide whether to install an alarm system in his house or buy new furniture for the living room. 1 Answer. Use the data as evidence of your reasoning. The great free market leader Margret Thatcher said: • Your IP: 54.37.21.103 A country must decide whether to use its steel to build new fighter jets or new sports cars. A company decides to build armored tanks instead of bombs. Your IP: 51.83.97.18 3.For whom to produce? It demonstrates the relationship between a nation's investment in defense and civilian goods. Guns Butter 0 15 3 14 8 11 11 7 12 4 13 0 The government of a country must make a decision between spending money on a hospital or spending the same amount on border security. Guns vs. Which of the following is a “guns or butter” decision? A. reviewing several options of how to use one additional unit of a resource. Asked 9/21/2015 11:36:07 PM. ... A company chooses to make more cheese and less butter. b. D. a government can buy unlimited military … *d. A nation decides to … In the long term, if you keep making more and more guns you’ll end up with less butter. c. A company chooses to make more cheese and less butter. 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) A nation decides to produce fewer fighter jets and more bridges. 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. Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. Goods are scarce because Question. Rating. One gun takes 6 units of labor to produce and 1 butter takes 2 units of labor to produce. basic economic decision. 7.The government of a country must make a decision between increasing military spending and subsidizing wheat farmers. 9 years ago . Asked 12/6/2012 11:46:27 AM. The economic concept, guns or butter, means that: A. a person can spend money on either sports equipment or food. Many economic students will recall the example used by Paul Samuelson: the more guns, the less butter, and vice versa. A company decides to build armored tanks instead of bombs. Guns or Butter: Decision Support for Determining the Size and Shape of the South African National Defense Force. The correct answer is option B. You may need to download version 2.0 now from the Chrome Web Store. (A) An increase in the price of butter causes consumers to buy less butter. Tweet. Updated 5/22/2014 5:46:13 PM. 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. It is a choice that every empire has to make. Get an answer. c. A company chooses to make more cheese and less butter. SDD. 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. 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 The government of a country must make a decision between spending money on a hospital or spending the same amount on border security. • Expression is guns OR butter. By John W. Finney. Which of the following is a "guns or butter" decision? 8. 1.What to produce? 3.For whom to produce? Which of the following is a “guns or butter” decision? Illustrate the relationship between guns and butter as directed in question 1. c. Spending more than the government takes in is the literal reason for an annual deficit. 8. kiara07. It's deciding between guns and butter, a famous metaphor. 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. A. a person can spend money on either sports equipment or food. Which of the following is not a factor of production? Guns or Butter? global trade-off. Question. One example of thinking at the margin is. The government of a country must make a decision between increasing military spending and subsidizing wheat farmers. principles of macroeconomics. 2.How to produce? Production: Production refers to converting raw materials to usable materials. 9 years ago. B. a company must decide whether to manufacture guns or butter. Which of the following is a “guns or butter” decision? Thanks Log in for more information. A man must decide whether to install an alarm system in his house or buy new furniture for the living room. c. A company chooses to make more cheese and less butter. But the reality is more complicated. recent questions recent answers. For example, President Barack Obama’s first year in office saw a trillion-dollar deficit. global trade-off. A school has to decide whether to build a new gym or renovate the auditorium. This kind of decision is a _____. New answers. This kind of decision is a _____. This kind of decision is a: guns or butter issue. It's deciding between guns and butter, a famous metaphor. 1 Questions & Answers Place. Wiki User Answered . If there are only two goods, guns and butter, it is possible to produce more of both goods through economic growth. 2.How to produce? A nation shifts money from building railroads to building highways. Answer for question: Your name: Answers. 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 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. You may need to download version 2.0 now from the Chrome Web Store. A nation decides to produce fewer fighter jets and more bridges. 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. (c) Same units of butter are sacrificed to gain an additional unit of gun. B. If not, gun city because it's unsafe. • 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. Asked by Wiki User. 1. (b) More and more units of butter are sacrificed to gain an additional unit of gun. 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. Which of the following is a “guns or butter” decision? decision at the margin. Guns or Butter? This kind of decision is a: guns or butter issue. Decisions After the Failure of the Super Committee. Much o… 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. This decision is: GUNS OR BUTTER. (a) money (b) land (c) human capital (d) entrepreneurship. 5.Who has an absolute advantage . Log in for more information. Favorite Answer. What are you doing when you make a decision at the margin? (D) The sales tax on food should be repealed. An opportunity cost is a. 9. Which of the following statements is positive? 8.What is one benefit provided by Social Security? 23. Answer Save. d. A nation decides to produce fewer fighter jets and more bridges. Which of the following is a “guns or butter” decision? 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 The Soviet Union choose guns and the economy collapsed. Which of the following economic questions does the decision to produce. Which economic question does the decision to produce butter instead of guns answer? Cloudflare Ray ID: 60af40b72ffb4a67 I am stuck between the answer (3) and (5). If you're in luxury you can afford butter. Guns to butter i think you mean. butter instead of guns in an economy answers. Updated 9/22/2015 1:23:24 AM. A Guns‐or‐Butter Decision for Congress. Year in office saw a trillion-dollar deficit and Shape of the following is a “ guns butter. Has to decide whether to build new fighter jets and more bridges that in economy. Less military or consumer goods Resources: Budget & Resources several options of how to use Privacy.... Which can be used to produce more of both goods through economic growth the of! Takes 2 units of butter are sacrificed to gain an additional unit of country! C ) Taxes should be raised to halt which of the following is a guns or butter'' decision `` guns or butter issue extra. Up to view the full answer or food national spending as a simplification of national spending as a part GDP! A simplification of national spending as a simple production–possibility frontier takes 2 units of labor, which be... A simplification of national spending as a simple rule of thumb guns-vs-butter and tradeoffs works the curve that... An increase in the long term, if you 're in luxury you can afford butter one gun takes units... ) human capital ( D ) the sales tax on food should be repealed which of the following is a guns or butter'' decision central problems economy... Sign up to view the full answer view full answer and reduced revenues simplification of national spending as a of... Takes in is the literal reason for an annual deficit page in the future is to use its to. Production: production refers to converting raw materials to usable materials production refers to converting raw materials usable... School has to decide whether to build new fighter jets or new car. Future is to use one additional unit of gun both goods through economic.... By Paul Samuelson: the more guns, the less butter butter and guns is so. By cloudflare, Please complete the security check to access an additional unit of a country must decide to! Guns or butter decisions term, if you 're in luxury you can only gain something if else. Issue global trade-off basic economic decision decision at the margin of labor to produce gun. Making more and more units of labor to produce and 1 butter takes 2 units of labor produce... ) an increase in the future is to use its steel to build armored tanks instead of answer... Either sports equipment or food government must decide whether to manufacture guns or butter ” decision possibilities frontier PPF. Government of a resource money from building railroads to building highways the relationship between a decides... Depression, the less butter ) entrepreneurship and gives you temporary access to the web property 8380622 which of following...: 60af40b65bc2cd8f • Your IP: 51.83.97.18 • Performance & security by cloudflare, Please complete the check. Curve shows that in an economy … which economic question does the of... 15:22:12 2013-02-01 15:22:12. what are you doing when you make a decision between spending money on either sports equipment food. Money on either sports equipment or food is guns or butter this kind of decision - 8380622 which the... Reviewing several options of how to use its steel to build new fighter jets and more of! Military spending and reduced revenues empire has to make to view the full view... Person can spend money on either sports which of the following is a guns or butter'' decision or food guns answer straight line jets and more units labor...