Speculation is defined as:
A) risk taking.
B) the attempt to profit from future price changes.
C) the source of mutual interdependence in the modern world.
D) risk aversion.

Question

Quizplus · Accepted Answer

Speculation involves attempting to make a profit from predicting and taking advantage of future price changes, typically in financial markets. This often involves taking risks in the hope of earning a higher return, but it is not synonymous with risk-taking or risk aversion. Speculation can be a significant driver of market activity and price movements.

Speculation Is Defined As