Most economists believe that
A) speculation on financial markets reduces their efficiency and should either be abolished or heavily regulated.
B) speculation on financial markets does not need to be regulated because it has been largely eliminated by regulations on program trading.
C) speculation socially benefits financial markets but harms nonfinancial markets.
D) speculation helps both financial and nonfinancial markets function more efficiently.
Correct Answer:
Verified
Q159: "Circuit breaker" rules halt trading when the
Q161: In the fifteenth and sixteenth centuries, most
Q162: The actions of speculators in a market
Q163: Derivatives:
A)can be used to reduce risk
B)can be
Q165: Speculators make their profits on
A)price differences in
Q166: Random walk theory says
A)throwing darts will pick
Q168: The actions of speculators
A)help smooth out price
Q169: A "specialist" is a
A)stockholder who finds buyers
Q181: Over the long run, stock prices have
A)generally
Q187: Composites of stock prices
A)are completely random and
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