When Investors Invest in Something Simply Because Everyone Else Is

question 88

Multiple Choice

When investors invest in something simply because everyone else is doing it, they are:

• A) suspect to "tulip mania."
• B) following a "herd instinct."
• C) acting objectively on full information available in the market.
• D) leveraging market performance for their own gain.

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Definitions:

Labor Unions

Organizations formed by workers in various sectors to protect and advance their rights, wages, and working conditions through collective bargaining.

Labor Contract

A written agreement between an employee or group of employees and an employer, detailing the terms and conditions of employment.

Union Steward

A worker who serves as a representative of a union within the workplace, advocating on behalf of members' interests and rights.