Which of the Following Statements Is Not True

question 71

Multiple Choice

Which of the following statements is not true?

• A)The number of Web searches performed on mobile devices has more than quadrupled since 2010.
• B)By 2013, more people will use their mobile phones than PCs to go online.
• C)Mobile Web sites operate twice as fast as traditional Web sites.
• D)By 2015, there will be one mobile device for every person on earth.

Recognize the role of governmental and individual actions in addressing market failures due to information problems.

Analyze the effects of incentive structures, including wages and guarantees, on employee behavior and market operations.

Explain the principles of transitivity and the Condorcet paradox in preference aggregation.

Understand the concept of signaling and screening in mitigating information asymmetry.

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Definitions:

Late Charge

A fee assessed for payments made after their due date.

Truth-in-Lending Law

A law at the federal level in the U.S. that aims to encourage the knowledgeable use of consumer credit through mandates on disclosures regarding its terms and expenses.

Credit Offers

Proposals extended by lenders to potential borrowers detailing the terms under which credit can be extended.

Uniform Law

Legislation instituted across various jurisdictions, aiming to harmonize legal principles on specific issues.