Speculation Serves the Market in Which of the Following Ways

question 178

Multiple Choice

Speculation serves the market in which of the following ways?

• A)It helps smooth out price fluctuations.
• B)It raises the price of certain goods.
• C)It manufactures a demand for goods that would not ordinarily be found.
• D)It allows risk takers the ability to make large amounts of economic rent.

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Definitions:

Binding Arbitration

A dispute resolution process where an arbitrator's decision is final and legally binding on both parties, without the option for appeal.

Due Process

A law-based doctrine that assures just treatment under the standard court system, chiefly as an individual's privilege.

Open Door Policies

Policies that encourage employees to communicate directly with management about concerns without fear of retribution.

Workplace Grievances

Complaints raised by employees regarding unfair treatment, policies, working conditions, or disputes over terms of contracts that need to be addressed by management.