Which of the Following Statements Is False

question 110

Multiple Choice

Which of the following statements is false?

• A) Pension plans and life insurance are often both offered by the same institution.
• B) Life insurance companies hold more in stocks than pension funds do.
• C) Life insurance pays off when you die while the pension plan pays off if you don't.
• D) They are both vehicles for saving.

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Definitions:

Nonexclusive

A term usually related to goods or services, indicating that they cannot be withheld from individuals who don't pay for them.

Marginal Social Cost

The total cost to society, including both private and external costs, of producing one additional unit of a good or service.

Common Property Resource

A type of resource for which ownership or access rights are shared among individuals or a community, leading to potential issues of overuse or depletion without effective management.

Lighthouse

A tower equipped with a powerful light used to guide or warn ships at sea.