Which of the Following Statement Is False

question 17

Multiple Choice

Which of the following statement is false?

• A) There is evidence of a shortage in the market for kidneys (for transplants).
• B) The waiting list for transplanted kidneys is used as a non-price rationing device.
• C) Kidneys are currently being illegally bought and sold.
• D) In the market for kidneys (for transplants) the legal price is the equilibrium price.

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Definitions:

Competing Interest Groups

Organizations or groups that advocate for their specific interests and objectives, often competing with each other for influence over policy and decisions in the public sphere.

Totalitarian Society

A form of government where the state holds total authority over society and seeks to control all aspects of public and private life wherever possible.

Centralized State Power

A form of governance where political authority and decision-making are concentrated in a central government or leadership, often at the expense of local autonomy.

China

A country in East Asia, the world's most populous nation, with a long history, rich culture, and significant global economic and political influence.