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Which of the Following Statements Is False

Question 5

Multiple Choice

Which of the following statements is false?


A) The government in a private enterprise economy confines its production of goods and services to public goods
B) A major difference between private enterprise economic system and a socialistic economic system is that the government of the latter is responsible for the production of most private,as well as public and semi-private,goods
C) Governments of private enterprise systems leave the bulk of private goods to be produced by private businesses
D) Governments of private enterprise economies play a relatively important role in the provision of semi-private goods
E) None of the above

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