A society must decide whether to produce more military goods or more consumer goods. This choice is referred to as "guns or butter." Which of the following is not an example of "guns or butter"? The U.S. federal government cuts education funding in order to reallocate the funds to the military. Australia distributes government funds to its military and social programs equally. Denmark stays out of military conflicts in order to provide for its people rather than its army. Germany's federal government gives additional funding to health care while reducing its military spending.

A society must decide whether to produce more military goods or more consumer goods. This choice is referred to as "guns or butter." Which of the following is not an example of "guns or butter"? The U.S. federal government cuts education funding in order to reallocate the funds to the military. Australia distributes government funds to its military and social programs equally. Denmark stays out of military conflicts in order to provide for its people rather than its army. Germany's federal government gives additional funding to health care while reducing its military spending.

MACROECONOMICS FOR TODAY

10th Edition

ISBN:9781337613057

Author:Tucker

Publisher:Tucker

Chapter1: Introducing The Economic Way Of Thinking

Section: Chapter Questions

Problem 4SQ

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One of these four answers represents the result of a rise in tariff on imported cars from a foreign country. Which one? Group of answer choices The supply of foreign cars to the domestic market would be reduced, causing car prices to rise. The domestic price of cars would fall. The number of unemployed workers in the domestic car industry would rise. The demand for imported cars would increase, causing the price of cars to increase in other nations.
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An increase in the population of a country will cause the demand curve to shift outward and supply to increase. true or false
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Shade the entire area that represents where K is being added faster than it is wearing out Shade the entire area that represents where K is wearing out faster than it is being replaced Label the point where the economy will settle
During a war, a government will often draft people, most of who are presently employed, into the army. Which of the following would an economist count as a (opportunity) cost of the war that an accountant would not? Group of answer choices the costs of transporting the soldiers to the combat zone. the costs of feeding, housing, and training the new soldiers. the value of the civilian goods no longer being produced by the new soldiers. the costs of providing weapons to the new soldiers.

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	The U.S. federal government cuts education funding in order to reallocate the funds to the military.
	Australia distributes government funds to its military and social programs equally.
	Denmark stays out of military conflicts in order to provide for its people rather than its army.
	Germany's federal government gives additional funding to health care while reducing its military spending.