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 worlC.
D) risk aversion.

Question

Quizplus · Accepted Answer

Speculation refers to the act of attempting to profit from future price changes by taking risks in the market. It involves making informed predictions about the future value of an asset and investing accordingly. This can include buying and selling stocks, commodities, currencies, and other financial instruments. Risk taking and risk aversion may be factors in speculation, but they are not the defining characteristics. The source of mutual interdependence in the modern world is more broadly related to globalization and international trade.

Speculation Is Defined As