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Unit 1 Principles of Economics Flashcards | StudBud
Unit 1 Principles of Economics
1 / 25
The economic concept of guns or butter means that
A
a company must decide whether to manufacture guns or butter.
B
a person can spend money on either sports equipment or food.
C
gov't buys unlimited military/ consumer goods if it is rich.
D
gov't decides to make more/less military/consumer goods.
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