Which of the Following Statements Is Not Correct

question 71

Multiple Choice

Which of the following statements is not correct?

• A)Common resources are rival in consumption but are not excludable.
• B)Uncongested toll roads are examples of club goods.
• C)When African elephants were privatized, the survival of the species deteriorated.
• D)National defense is not rival in consumption, nor is it excludable.

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Definitions:

Securities and Exchange Commission

A U.S. federal agency responsible for enforcing the federal securities laws and regulating the securities industry, the nation's stock and options exchanges, and other related activities.

Asset-backed Securities

Financial instruments backed by a pool of assets, such as loans or receivables, which generate revenue for investors.

Executive Compensation

The financial pay and benefits provided to executives, including salaries, bonuses, stocks, and other compensation forms.

Ancillary Relief

Secondary legal remedies or supports requested in a lawsuit, often relating to financial support or property distribution in family law.