How Could a Thief Get Your Credit Card Statement Sent

question 21

Multiple Choice

How could a thief get your credit card statement sent to his address instead of yours?

• A) Retrieve your credit card statements from your trash.
• B) Steal your credit card from your wallet.
• C) Open a bank account in your name.
• D) Fill out a change of address form at the post office.

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Definitions:

Economists

Professionals who study, develop, and apply theories and concepts from economics to understand how economies function and how economic agents interact.

Average Total Cost

The total cost of production (fixed plus variable costs) divided by the number of units produced, indicative of the cost per unit of production.

Average Variable Cost

The per unit cost of production that varies with the level of output, including costs such as labor and materials.

Diminishing Returns

A principle stating that if one factor of production is increased while others are held constant, the overall returns will eventually decrease after a certain point.