After the 9/11 attacks:
A) people rushed to invest in New York City.
B) the economy's long-run potential growth rate increased.
C) people held off on business investment until it became clear that the attacks would not become regular occurrences.
D) the need for information about the future went out the window.

Question

Quizplus · Accepted Answer

After the 9/11 attacks, there was a period of uncertainty and fear about the future. Many businesses and investors held off on investments until there was more clarity and stability in the economy. This had a negative impact on the economy in the short run.

After the 9/11 Attacks