Which statement is an example of speculation?
A) someone buying coal in Australia to sell at a higher price in China
B) someone purchasing a home for their family to use while on vacation
C) selling stocks in Microsoft after hearing a rumor about a promising new Google product
D) buying fish after hearing on the news that eating it can lower the risk of heart attacks
Correct Answer:
Verified
Q139: How can a futures contract mitigate exchange
Q140: Which scenario would cause a speculator in
Q141: Use the following to answer question 154:
Figure:
Q142: People use futures contracts to:
A) increase prices.
B)
Q143: Use the following to answer question 154:
Figure:
Q145: Speculation is:
A) pondering the meaning of life.
B)
Q146: With speculation, prices:
A) become less volatile than
Q147: When they guess correctly about price movements,
Q148: Futures:
A) require people to be present in
Q149: How is speculation like international trade?
A) Both
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