Kate considers the alternative that will be lost if she decides to spend her savings on buying a card. what is the economic term for thought process?

The economic term is: Opportunity Cost.

The term opportunity cost is a measure that considers the person's preferences, that means that it is different in every person. It analizes the things you are leaving over whenever you make a decision.

In Katie's example, the opportunity cost of the money she wabts to spend in buying a car is what she is not going to do with that money.

the two colonies had the earliest laws mandating religious tolerance.

the answer is d. tariffs were raised by america's trading partners after the smoot-hawley tariff act, decreasing exports, and declining job rates.