Guns and butter are the example of production possibility frontier(PPF)
Explanation:
Production possibility frontier is a graphical presentation that shows two goods combination and shows how these goods would be produced with efficient utilization of resources.
Guns and butter shows a relation in case of production possibility frontier , it shows how the investment should be done with the minimum resources present in the economy. If the economy is having proper resources for the production of guns and butter then 6 units of guns and 12 units of butter can be produced but while taking decision a nation should be rational , that is how to use the resources.
Answer:
A
Be direct with your response and don't beat around the bush, because that will make the person who has requested something bored and anticipating what has taken you so long to get to the point.
Answer:
Theory of comparative advantage states that a country has a comparative in a production of certain commodities if the opportunity cost of producing these commodities is lower than the other countries.
Here, it is given that country A is a efficient producer of tin and there are some difficulties in producing corn. So, country A have to concentrate on the production of Tin and purchase the corn from any other efficient producer.
The answer is spendthrift clause. It is a trust that is produced for the benefit of a person that gives an independent trustee full authority to make decisions as to how the trust funds may be spent for the benefit of the beneficiary. Creditors of the beneficiary usually cannot reach the money in the trust, and the funds are not actually under the control of the beneficiary. Also, it prevents the beneficiary's reckless spending of benefits.
♡
A five year plan is a list of priorities you would like to accomplish over the next several years. As well as actions you can take when you make mistakes, so that you can still meet those goals.
Hope it helps ♡♡
