Those Who Ascribe to Consumerism

question 42

Multiple Choice

Those who ascribe to consumerism

• A)believe that consumers should purchase everything they can afford.
• B)do not believe in taxes on locally made products.
• C)believe that consumers should own the means of production.
• D)believe that consumers, not producers, should dictate the economic structure of a society.
• E)believe that corporations should have the freedom to do whatever they want.

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Definitions:

Protective Put

An investment strategy that involves buying put options on stocks that are already owned to hedge against potential declines in the value of those stocks.

Downside Risk

Refers to the potential loss in value of an investment or asset if the market conditions deteriorate.

Put Option

A financial contract that gives the holder the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified time.

Sell Shares

The act of offloading equity stakes in a company, usually in the form of stock, to raise capital or realize gains from investment.