Profits from Speculation Arise Because of

question 97

Multiple Choice

Profits from speculation arise because of

• A)the spread between the bid and ask prices on bonds.
• B)the illiquidity of markets for derivative instruments.
• C)the high information costs in markets for derivative instruments.
• D)disagreements among traders about future prices of a commodity or financial instrument.

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Definitions:

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Biopsychosocial Model

A broad view that attributes disease outcome to the complex, variable interaction of biological factors, psychological factors, and social factors.

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