Which of the Following Statements Is False

question 163

Multiple Choice

Which of the following statements is false?

• A)One of the basic principles capitalism is based on is to "trust no one."
• B)To have real competition in a market economy no one business should be able to have any influence over price.
• C)A basic trade-off exists between the goals of equity and efficiency for a society.
• D)The forces of supply and demand will NOT automatically lead to an equitable distribution of income.

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Definitions:

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Mobile Device

A portable computing device such as a smartphone or tablet, characterized by wireless connectivity and a touchscreen interface.

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