Implicit costs are usually easier to measure than explicit costs. ...

[Coya19@aol.com]

Implicit costs are usually easier to measure than explicit costs.
 
  Indicate whether the statement is true or false

Question 2

When the exchange rate falls, imports ________ and exports ________.
 
  A) increase; decrease
  B) increase; increase
  C) decrease; do not change
  D) decrease; decrease
  E) decrease; increase

[cdmart10]

Answer to Question 1

FALSE

Answer to Question 2

E