Marginal costs are the costs relevant to a decision because they

A) are the costs that will be affected by the decision.
B) the cost of producing one more unit of output.
C) total cost divided by units of output.
D) total cost minus sunk costs.

A

Economics

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When a U.S. investor buys a bond issued in a foreign country

A) the balance on the financial account decreases. B) the balance on the capital account decreases. C) the balance of trade decreases. D) the balance on the current account decreases.

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To an economist, the terms "money" and "wealth" are synonyms

Indicate whether the statement is true or false

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