Answer:
The meaning of guns and butter is an economic policy choice of whether a nation is increasingly keen on burning through cash on war or taking care of its people.
trade-off: If you put more cash toward weapons then you are surrendering another advantage which is a trade-off.
opportunity costs: As an economy delivers more weapons (military spending) it must diminish its creation of bread and butter (food), and the other way around.
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The states printed their own money. there was no national currency.
