Which of the Following Statements Is False

question 43

Multiple Choice

Which of the following statements is false?

• A)A millionaire definitely receives less utility from an additional dollar than a poor person.
• B)A poor person definitely receives less utility from an additional dollar than a rich person.
• C)A millionaire definitely receives the same utility from an additional dollar as a poor person.
• D)A millionaire generally receives less utility from an additional dollar than a poor person.
• E)We do not know if any of the statements are true or false, because we do not know how much utility one person receives relative to another.

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Definitions:

Negative Correlation

A connection between two variables where as one variable goes up, the other goes down, and the opposite is also true.

Positive

Refers to a condition or state that is constructive, optimistic, or characterized by a beneficial outcome.

Unrelated

Not connected or relevant to something.

Prevalence

The percentage of people identified with a disease or condition at a given moment.