According to the “guns or butter” example, if a country decides to spend more on military goods, which of the following will happen?
a.
The country will have less money to devote to consumer goods.
b.
The country will have an equal amount of money to devote to consumer goods.
c.
The country will be forced to make trade-offs in military purchasing.
d.
The country will have more resources to devote to consumer goods.
the answer would be A. the country will have less money to devote to consumer goods, obviously since it is investing the money in military :p the other answer choices hardly make sense
I think it’s a bc in most history, when the country is focused on the military, the community losses their money due to war binds, food supply for the military, and their weapons
