Which of the Following Statements Is FALSE? in the United

question 6

Multiple Choice

Which of the following statements is FALSE? In the United States,to prove market manipulation in a court of law:

• A) the manipulator must be shown to have had the ability to set an artificial futures price
• B) the manipulator must have intended to set an artificial price
• C) the manipulator must have succeeded in setting an artificial price
• D) it is difficult to demonstrate that price movements are due to the manipulator's trades and not due to changing market conditions
• E) many manipulators are wrongly prosecuted because manipulation trades,like speculation trades,enhance market efficiency by enabling prices to reflect information quickly

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Definitions:

Federal Government Revenues

The income received by the federal government from various sources, including taxes, fees, and charges, used to fund public services and projects.

Individual Income Tax

A tax levied on the income of individuals, which varies according to the income levels and other factors.

Proportional Tax

A tax system where the tax rate is fixed and applied uniformly to all taxpayers, regardless of their income level.

Marginal Tax Rate

The percentage of tax applied to your income for each tax bracket in which you qualify, essentially the rate on the last dollar of income earned.