The terrorist attacks of September 11, 2001 led the U.S. to devote more of its resources to national security, creating an opportunity cost for society in terms of the other goods that were given up.
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Q24: An economy's production possibilities curve assumes a
Q25: Economic growth occurs if an economy realizes
Q26: Capital goods are available for immediate use
Q27: All points along a production possibilities curve
Q28: The law of increasing opportunity cost occurs
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