Which of the Following Statements Is FALSE

question 211

Multiple Choice

Which of the following statements is FALSE?

• A) When it comes to overall productive efficiency, compared to Japan, Germany and the rest of the European Union, the United States lags far behind.
• B) Sophisticated financial systems have given U.S. productive efficiency a boost.
• C) The United States' international competitive position has been helped by its long history of widespread entrepreneurship.
• D) Economic restructuring and investments in information technology have added to productive efficiency in the United States.

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Definitions:

Derivative Financial Instrument

is a financial contract whose value is based on the performance of underlying assets, indices, or interest rates, used for speculation, hedging, or risk management.

Option

A financial instrument that gives the holder the right to buy or sell a certain number of shares or debentures in a company by a specified date at a stipulated price.

Shares

Shares represent portions of equity in a company or financial asset, entitling holders to a proportional share of profits through dividends, when declared.