Which of the Following Statements Is False

question 72

Multiple Choice

Which of the following statements is false?

• A) Political activities consistent with economic efficiency tend to emerge naturally from the unconstrained democratic political process.
• B) Constitutional rules establishing procedures and limiting the ability of the political process to engage in redistributive activities can improve the economic efficiency of government.
• C) Rent-seeking activity tends to retard the economic prosperity of a nation because it takes resources away from productive private sector activities.
• D) Unconstrained democratic governments often enact special-interest programs that waste resources and impair the standard of living of a country.

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Definitions:

Coverdell Education Savings Account

A tax-advantaged saving account designed to pay for the beneficiary's education expenses, including K-12 and higher education.

Qualified Education Expenses

Expenses required for enrollment or attendance at an educational institution, including tuition, fees, and related costs.

Retirement Plan

A retirement plan refers to financial strategies of saving, investment, and ultimately distribution of money meant to sustain an individual’s standard of living in retirement.

Savings Account

A bank account that earns interest on the deposited funds, designed for saving money over a period of time.