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The economic concept of guns or butter means that A. a person can spend money on either sports equipment or food. B. a company must decide whether to manufacture guns or butter. C. a government must decide to produce more or less military or consumer goods. D. a government can buy unlimited military and civilian goods if it is rich enough.
Weegy: The economic concept of guns or butter means that C. a government must decide to produce more or less military or consumer goods. User: Which of the following might a government provide as part of a safety net for the people? A. general elections every four years B. unemployment compensation C. a strong military defense D. regulation of commerce Weegy: The answer is B. unemployment compensation User: The owner of a ... (More)
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Education|No Subcategories|Expert Answered
Asked 2/4/2013 9:38:48 AM
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The law of increasing costs means that as production shifts from one item to another, A. the cost of production gets cheaper and cheaper. B. the cost of producing an item stays the same no matter how many are produced. C. more and more resources are necessary to increase production of the second item. D. the land costs of increasing production rise much more steeply than do the labor costs.
Weegy: The law of increasing costs means that as production shifts from one item to another C. more and more resources are necessary to increase production of the second item. pvhs.chicousd.org/teachers/BethBurton/documents/Economics/chap_1/... User: What is the difference between a shortage and a scarcity? A. A shortage can be temporary or long-term, but scarcity always exists. B. A shortage results from rising prices; scarcity results ... (More)
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Education|No Subcategories|Expert Answered
Asked 2/4/2013 9:56:06 AM
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Which of the following is part of communism but not socialism? A. central planning B. government controlled services C. authoritarian government D. government controlled resources
Weegy: C. authoritarian government. Socialist nations are some of the happiest on Earth. User: Where are traditional economies usually found? A. in small communities that welcome change B. in large communities that welcome change C. in large communities that are able to deal with environmental disaster D. in small communities that avoid change Weegy: D. in small communities that avoid change. Traditional economies are usually found ... (More)
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Education|No Subcategories|Expert Answered
Asked 2/6/2013 11:07:05 AM
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In what kind of an economy does the government make all the decisions? A. mixed B. laissez-faire C. centrally planned D. free enterprise
Weegy: In C. centrally planned economy the govt. makes all decisions User: To improve its standard of living, a nation’s economy must A. remain stable. B. grow through innovation. C. reach economic equity. D. allow the central government to make economic decisions. Weegy: B. grow through innovation. User: A town wants to repair a school in one of its poorest neighborhoods. To pay for it, citizens vote to raise taxes on ... (More)
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Education|No Subcategories|Expert Answered
Asked 2/6/2013 10:59:12 AM
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