Which of the Following Statements Is False

question 40

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.

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Definitions:

Factor Analysis

A statistical method used to identify underlying variables, or factors, that explain the pattern of correlations among multiple observed measures.

Empirically Derived Testing

A method of creating assessment tools based on data collected from experiments or observations, as opposed to theory-based methods.

Projective Testing

A psychological assessment tool that uses ambiguous stimuli to elicit responses that reveal aspects of an individual’s personality.

Personality Trait

enduring characteristics or qualities that describe an individual's behavior across different situations.