In Response to the September 11 Attacks, the Bush Administration

question 91

Multiple Choice

In response to the September 11 attacks, the Bush administration:

• A) banned all Muslims from further entry into the United States.
• B) blamed the shadowy terrorist organization known as Al Qaeda.
• C) blamed the kingdom of Saudi Arabia, the birthplace of mastermind Osama bin Laden.
• D) declared a war on terror.
• E) A and B

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Definitions:

Cross-price Elasticity

A measure of how the demand for one good responds to a change in the price of another good.

Shrimp

A small, decapod crustacean commonly found in marine and freshwater environments, often used as food.

Midpoint Formula

A method used to calculate the elasticity of demand or supply by averaging the start and end points of a range.

Price Elasticity

A gauge for the sensitivity of the amount of a good that is demanded or offered to alterations in its pricing.