Which of the Following Statements Is False

question 30

Multiple Choice

Which of the following statements is false?

• A)Regulation and innovation are related in that regulation can lead to innovations to get around regulations.
• B)Financial intermediaries are becoming less specialized.
• C)Smart cards are widely accepted in vending machines.
• D)Deposit accounts are insured up to $250,000.

---

Definitions:

Cognitive Theory

A theory in psychology that emphasizes internal states and processes, such as perception, thought, problem-solving, and memory, as fundamental in understanding behavior.

Depression

A mental health disorder characterized by persistent feelings of sadness, hopelessness, and a lack of interest or pleasure in activities.

Bleak Thoughts

Pessimistic, hopeless, or despairing ideas and mental states.

Schizophrenia

A long-term mental disorder involving a breakdown in the relation between thought, emotion, and behavior, leading to faulty perception and withdrawal from reality.