Answer to Question 1
Buyers and sellers of futures contracts have symmetric rights. Buyers and sellers of options contracts have asymmetric rights. Options represent the right to buy or sell the underlying asset. This means that buyers have rights, but sellers have obligations.
Answer to Question 2
The divine coincidence applies when policy makers are able to respond to a single shock at a time. If shocks occur at a faster pace than policies can be implemented, then policies may be destabilizing. The argument that the economy's self-correcting mechanism is too slow cannot justify policies that, in practice, are even slower.
The five rights of delegation
Chinese workers on a railway in the far West. “Without them,” Leland Stanford, president of the Cent
Booker T. Washington in his office at Tuskegee Institute, 1900. Washington chose a policy of accommo
Compare the Final Code with the Documentation
Remember the “ten rights” when administering medications.
Applying the bill of rights to the states