The actions of speculators
A) help smooth out price fluctuations.
B) serve no useful economic purpose.
C) make investment much more risky.
D) cause severe shortages of some commodities.
Correct Answer:
Verified
Q163: Derivatives:
A)can be used to reduce risk
B)can be
Q164: Most economists believe that
A)speculation on financial markets
Q165: Speculators make their profits on
A)price differences in
Q166: Random walk theory says
A)throwing darts will pick
Q170: Speculation serves the market in which of
Q172: The concept of "random walk" applies most
Q181: Over the long run, stock prices have
A)generally
Q187: Composites of stock prices
A)are completely random and
Q208: Figure 9-1 Q220: What most frightens investors in the stock
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