Which of the following statements is false? a. Saving a portion of one's income in a pension is a merit good because many do plan sufficiently for life after work b. Consumption of large quantities of food is addictive and contributes to pressures for the health sector c. In the absence of public provision of healthcare, private healthcare would charge higher premiums for those who are less healthy when they sign up d. Free education for all funded by government is essential because students can take loans to fund their studies.

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter17: Production And Growth
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Which of the following statements is false?
a. Saving a portion of one's income in a
pension is a merit good because many do
plan sufficiently for life after work b.
Consumption of large quantities of food is
addictive and contributes to pressures for
the health sector c. In the absence of public
provision of healthcare, private healthcare
would charge higher premiums for those
who are less healthy when they sign up d.
Free education for all funded by
government is essential because students
can take loans to fund their studies.
Transcribed Image Text:Which of the following statements is false? a. Saving a portion of one's income in a pension is a merit good because many do plan sufficiently for life after work b. Consumption of large quantities of food is addictive and contributes to pressures for the health sector c. In the absence of public provision of healthcare, private healthcare would charge higher premiums for those who are less healthy when they sign up d. Free education for all funded by government is essential because students can take loans to fund their studies.
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