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The Economics of National Security
Source: Council for Economic Education (EconEdLink) | Type: Lesson
ESSENTIAL DILEMMA
How do we know if we are getting good value out of the money we spend on defense?
Grades:
Concepts:
- Budget
- Cost/Benefit Analysis
- Costs
- Opportunity Cost
Standards:
- Economics 2: Marginal Cost/Benefit
- Economics 3: Allocation of Goods and Services
- Economics 16: Role of Government
Related Resources:
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