When people base their estimates of the likelihood of an event on how often they've heard of such an event, they illustrate the:

Because the actual market-capitalist system is a combination of market processes and political processes,

A) it can only be managed appropriately by well-trained political economists. B) it is often unclear where to place the blame when things go wrong. C) political considerations will always ruin the market process. D) economic considerations will always ruin the political process.

The objective of speculators is to buy at one price and sell at a lower price

Indicate whether the statement is true or false