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leva [86]
3 years ago
7

Explain how economists use the term “guns or butter¨

Social Studies
1 answer:
allochka39001 [22]3 years ago
5 0
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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