document.write( "Question 1196005: What is the opportunity cost (in civilian output) of a defense buildup that raises military spending from 3.2 to 3.4 percent of a $22 trillion economy? \n" ); document.write( "
Algebra.Com's Answer #828667 by math_tutor2020(3817)\"\" \"About 
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\n" ); document.write( "1 billion = 10^9
\n" ); document.write( "1 trillion = 10^12\r
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\n" ); document.write( "\n" ); document.write( "22 trillion = 22 * 10^12\r
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\n" ); document.write( "\n" ); document.write( "3.2% of 22 trillion
\n" ); document.write( "0.032*(22 * 10^12)
\n" ); document.write( "704 * 10^9
\n" ); document.write( "704 billion\r
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\n" ); document.write( "\n" ); document.write( "3.4% of 22 trillion
\n" ); document.write( "0.034*(22 * 10^12)
\n" ); document.write( "748 * 10^9
\n" ); document.write( "748 billion\r
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\n" ); document.write( "\n" ); document.write( "The defense spending has gone from $704 billion to $748 billion
\n" ); document.write( "This is an increase of 748 - 704 = 44 billion dollars.\r
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\n" ); document.write( "\n" ); document.write( "This is the opportunity cost as it could have been used in other government programs, pay down the debt, pay off healthcare/pensions, or perhaps returned back to the citizens in the form of tax refunds.\r
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\n" ); document.write( "\n" ); document.write( "Answer: 44 billion dollars
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