Which of the Following Statements Is Not True

question 118

Multiple Choice

Which of the following statements is not true?

• A)An investor seeking global diversification with less than $200,000 to invest should invest in global mutual funds.
• B)Changes in currency exchange rate may affect the return on your investment.
• C)Today, more and more investors are investing in stocks and bonds issued by foreign firms and global mutual funds.
• D)An investor in Canada cannot purchase shares in a foreign company.
• E)Because of international accounting rules, evaluating foreign investments is more difficult than evaluating investments in Canada.

Examine the impact of monopolistic competition on economic efficiency and deadweight loss.

Identify strategies firms use to gain market power within monopolistic competition.

Discuss the role of consumer preferences and product differentiation in monopolistic competition.

Compare and contrast monopolistic competition with other market structures.

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Definitions:

Internal Attribution

The inference that a person is behaving in a certain way because of something about the person, such as attitude, character, or personality.

Birth Cohorts

Groups of individuals born during the same period who experience similar historical and social conditions.

Internal Attribution

The process of ascribing the cause of a behavior to personal aspects such as personality, disposition, or attitude.

Self-Serving Bias

The tendency to take credit for success but deny responsibility for failure.