The arm and butter curve is an economic example of production potential curves that illustrate the idea of opportunity cost. In a theoretical economy with only two goods, it is necessary to choose between the quantity of each product. As the economy produces more weapons (military spending), it should reduce the production of butter (food) and vice versa.
- The ■■■ and butter curve assumes that you can get something only if you get something in return.
- Curves show that in a two-product economy, the curve cannot be crossed without increasing productivity.
- A typical example of this curve was during the Cold War, when the Soviet Union was so focused on military power that it was unable to meet the basic needs of its citizens, such as food, health care and access to education.
Literal Meanings of Guns-and-Butter Curve
Meanings of Guns:
Running (one engine)
A weapon with a metal tube that fires a bullet, projectile, or other projectile with an explosive force usually produces a characteristic loud, high-pitched sound.
Strong weapon, well-developed biceps.
Sentences of Guns
Most of the projects coming out of the artillery were highly explosive projects that could throw shrapnel into the trenches from a great distance.
Synonyms of Guns
Meanings of And:
A boolean operator that returns only when all tasks are the same and otherwise zero.
It is used to include words in the same part of a speech, clause or sentence that needs to be put together.
Used to introduce additional comments or interventions.
It is used to indicate intention after some verbs and before other verbs, "no"
Sentences of And
If he had to make a decision, and it was the worst, he would turn his back on his parents.
Synonyms of And
and, along with, in addition to, added to, together with, besides, not to mention, with, coupled with, too, including, as well as, also
Meanings of Butter:
Butter (lightweight) with butter.
Edible fat, light yellow in color, is obtained from whipped cream and used for grease or cooking.
Sentences of Butter
He sat down toast
They are served hot or cold with butter or margarine and sometimes with jam and margarine.
Synonyms of Butter
cover, fat, smother, oil, coat, daub, animal fat, layer, cooking oil
Meanings of Curve:
Form or shape curves.
A line or contour that slowly deviates from a straight line in part or along its entire length.
Sentences of Curve
Your face turns into a smile
The parapet sinks into a thick curve
Synonyms of Curve
wind, curl, curve, coil, bend, turn, loop, spiral, twist, meander, bow, undulate, arch, snake