In macroeconomics, the guns versus butter model is an example of a simple production–possibility frontier. It demonstrates the relationship between a nation's investment in defense and civilian goods. The "guns or butter" model is used generally as a simplification of national spending as a part of GDP. This may be seen as an analogy for choices between defense and civilian spending in more complex economies. The nation will have to decide which balance of guns versus butter best fulfills its needs, with its choice being partly influenced by the military spending and military stance of potential opponents.
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Expression is guns OR 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)
The government of a country must make a decision between increasing military spending and subsidizing wheat farmers, and this kind of decision is called "guns or butter" decision.
A decision between increasing military spending and subsidizing wheat farmers is known as a "guns or butter" decision.
Guns to butter i think you mean. Google it.
Guns to butter i think you mean. google it.
Guns Not Butter was created on 2003-01-08.
The government of a country must make a decision between increasing military spending and subsidizing wheat farmers, and this kind of decision is called "guns or butter" decision.
'Guns Before Butter' by Gang of Four, from the album 'Entertainment'.
Guns Before Butter - 2005 was released on: USA: 2005
Guns or butter means in short a country that decides to produce mor military goods. (Guns). has fewer resources to devote to consumer goods. (Butter) and vice versa
its like comparing guns and butter...if you want to make more butter you have give up some guns...if you want to make more guns you have to give up some sticks of butter.
Guns and butter used together represent investopedia. This is between the two.