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What does the phrase "guns or butter" mean?

What does the phrase "guns or butter" mean?
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3 votes
What does the phrase "guns or butter" mean?

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User Revanth Kumar
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1 Answer

4 votes
Guns and butter refers to a model explaining the relationship between two goods that are important for a nations economic growth.
answered
User YongJiang Zhang
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8.2k points
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