Author Question: Economists argue that: a. accounting costs consider all types of costs including implicit costs b. ... (Read 108 times)

maegan_martin · **on:** Jul 1, 2018

Economists argue that:
a. accounting costs consider all types of costs including implicit costs
b. there is an opportunity cost associated with all decisions.
c. economic decisions do not have opportunity costs but other decisions do.
d. economic decisions should consider sunk costs

Question 2

If a panic causes Indian depositors to withdraw their money from Japanese banks, it would cause the Japanese Yen to ___________, since the supply of Yen has increased
a. Appreciate
b. Depreciate
c. Not change in value
d. None of the above