The process by which identical products that are tradeable converge to the same price is called
A) arbitrage.
B) hedging.
C) speculation.
D) risk aversion.
A
You might also like to view...
Which of the following forms of business organization is likely to suffer most from the principal agent problem between the owners and managers of the business?
A) proprietorships B) partnerships C) corporations D) All are equally likely to suffer from the principal-agent problem.
On a diagram with "calories consumed per day" on the horizontal axis and "exercise per day" on the vertical axis, we can draw a line along which your body weight at this moment will remain constant
This line is analogous to how ________ for changing values of the variables on the two axes. A) the IS curve holds income constant B) the IS curve holds the demand for money constant C) the LM curve holds the demand for money constant D) the LM curve holds income constant