Which of the Following Statements Is Not Correct

question 261

Multiple Choice

Which of the following statements is not correct?

• A)A patent is a way for the government to encourage the production of a good with technology spillovers.
• B)A tax is a way for the government to reduce the production of a good with a negative externality.
• C)A tax that accurately reflects social costs produces the socially optimal outcome.
• D)Government policies cannot improve upon private market outcomes.

---

Definitions:

Adolescents

Individuals in the transitional stage of physical and psychological development that typically occurs during the period from puberty to legal adulthood.

Middle-Aged Adults

Middle-Aged Adults typically refers to individuals who are in the age range of approximately 45 to 65 years, often experiencing shifts in physical health, cognitive function, and social roles.

Older Adults

Individuals generally aged 65 years and older, often discussed in contexts related to health, social needs, and policy planning.

Somatic Symptom

A physical symptom that is caused or exacerbated by mental factors, often part of a somatic symptom disorder.