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Use the Following to Answer Question(s)

Question 100

Multiple Choice

Use the following to answer question(s) :
Exhibit: Guns and Butter
Use the following to answer question(s) :  Exhibit: Guns and Butter    -(Exhibit: Guns and Butter)  If the economy were producing 8 units of guns and 12 units of butter per period: A)  this is a possible choice, but would involve unemployment and/or inefficiency. B)  the notion of increasing opportunity cost is invalidated. C)  the economy is still efficient but has made a decision not to buy as much as it could. D)  something must be done to reduce the amount of employment.
-(Exhibit: Guns and Butter) If the economy were producing 8 units of guns and 12 units of butter per period:


A) this is a possible choice, but would involve unemployment and/or inefficiency.
B) the notion of increasing opportunity cost is invalidated.
C) the economy is still efficient but has made a decision not to buy as much as it could.
D) something must be done to reduce the amount of employment.

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