When Economists Refer To Investment They Are Describing A Situation Where
When economists refer to “investment”, they are describing a situation where: resources are devoted to increasing future output
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Why Do Economists Use The Phrase Guns Or Butter
How do economists use the phrase "guns or butter"? Economists use the phrase "guns or butter" to simplify their explanation of the trade offs in countries. The phrase refers to the trade offs that nations face when choosing whether to produce more or less military ir consumer goods
When Economists Refer To Investment They Are Describing A Situation Where
When economists refer to “investment”, they are describing a situation where: resources are devoted to increasing future output
Did The US Benefit From NAFTA?
Economists largely agree that NAFTA benefited North America's economies. Regional trade increased sharply [PDF] over the treaty's first two decades, from roughly $290 billion in 1993 to more than $1.1 trillion in 2016
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