Author Question: A speculator who incorrectly anticipates the future A) cannot inflict a loss on others because ... (Read 83 times)

Brittanyd9008 · **on:** Jun 29, 2018

A speculator who incorrectly anticipates the future

A) cannot inflict a loss on others because one person's loss must be someone else's gain.
B) incurs a personal loss but benefits everyone else.
C) inflicts a loss on others and incurs a personal loss.
D) makes a personal profit but inflicts a loss on others.

Question 2

When we hear on the news, The Fed has lowered interest rates today, the Fed has most likely

A) raised the discount rate.
B) lowered the required reserve ratio.
C) raised the federal funds rate.
D) purchased government bonds.