Most economists believe that
a. speculation on financial markets reduces their efficiency and should either be abolished or heavily regulated.
b. speculation on financial markets does not need to be regulated because it has been largely eliminated by regulations on program trading.
c. speculation socially benefits financial markets but harms nonfinancial markets.
d. speculation helps both financial and nonfinancial markets function more efficiently.
d
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U.S. imports are goods and services
A) produced abroad and sold to Americans. B) produced in the United States and sold to Americans. C) produced abroad and sold to foreigners. D) produced in the United States and sold to foreigners.
If you want to earn a high income you should figure out what others value because
A) you will then be able to charge higher prices than alternative suppliers. B) you will be able to gain at the expense of others. C) you will not have to compete in the job market. D) others will be willing to pay attractive prices for things they value.