The sacrifices made by societies in order to engage in military spending represent
A) the nominal costs of military spending.
B) the real costs of military spending.
C) the opportunity costs of military spending.
D) the excessive costs of military spending.

Question

Quizplus · Accepted Answer

The sacrifices made by societies in order to engage in military spending, such as diverting resources away from other areas like education or healthcare, represent the opportunity costs of military spending.

The Sacrifices Made by Societies in Order to Engage in Military