The British Philosopher Thomas Hobbes Would Most Likely Agree That

question 9

Multiple Choice

The British philosopher Thomas Hobbes would most likely agree that

• A) human thought and behavior are governed by the intent to maximize pleasure and minimize pain.
• B) humans and animals have free will and are capable of voluntary behavior.
• C) the holistic approach is the best way to study the contents of the mind.
• D) experience leads humans to associate pleasure with pain.

---

Definitions:

Potential Loss

The amount of money that could be lost in an investment, considering possible outcomes under various scenarios, noting the risk involved.

Long

An investment strategy where an investor purchases a security with the expectation that it will increase in value over time.

Futures Contract

An agreement to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future.

Underlying Asset

An asset (such as a stock, bond, commodity, or currency) upon which a derivative instrument, such as an option, is based.