Which of the Following Statements Is FALSE

question 14

Multiple Choice

Which of the following statements is FALSE?

• A) Black soldiers sometimes had to give up their railroad cars seats to accommodate Nazi prisoners of war.
• B) When World War II began, the air force and marines had no black members.
• C) Officially, the G.I. Bill offered the same benefits to returning black soldiers as it did to whites.
• D) Over 1 million blacks served in the armed forces during World War II, many in the first desegregated units in modern military history.

Comprehend the conditions that lead to price rigidity in oligopolistic markets.

Analyze the impact of oligopoly on market competition and the likelihood of collusion.

Interpret the Herfindahl-Hirschman and concentration ratios as measures of market concentration and competition.

Differentiate between various forms of market structures, including perfect competition, monopolistic competition, oligopolyly, and monopoly based on specific characteristics and behaviors.

---

Definitions:

Actively Traded

This describes securities or assets that have high trading volumes and liquidity in financial markets.

Realized Gain

The profit earned from the sale of an asset when the sale price exceeds the purchase price, which has become actual rather than just theoretical.

Fair Market Values

The estimated price at which a property or asset would trade in a competitive auction setting.

Securities

Financial instruments that represent an ownership position in a publicly-traded corporation (stock), a creditor relationship with a governmental body or a corporation (bond), or rights to ownership as represented by an option.