Playing the stock market is like gambling

Assignment Help Business Economics

Reference no: EM13851191

Critically evaluate the following statement: Playing the stock market is like gambling. Such speculative investing has no social value, other than the pleasure people get from this form of gambling.

Reference no: EM13851191

Questions Cloud

What is your ethical obligation : Many television shows, movies, and songs can be downloaded for free on the Internet. Much of this material is copyrighted and was expensive to produce. Much of it is available for a fee through a legitimate site. Should you pay to download an episode..

Possible combinations of corn and beans : A farmer’s field grows 30 bushels of corn and 10 bushels of beans. The farmer can either consume these crops herself or trade them, with one bushel of beans being traded for one bushel of corn. Graph the farmer’s budget which is the possible combinat..

Certain environmental laws prohibit : Certain environmental laws prohibit EPA from considering the costs of meeting various standards when the levels of the standards are set. Is this a good example of “putting first things first” or simply an unjustifiable waste of resources? Why?

Construct a cumulative percentage distribution : A manufacturing company produces steel housings for electrical equipment. The main component part of the housing is a steel trough that is made out of a 14-gauge steel coil. Construct a frequency distribution and a percentage distribution. Construct ..

Playing the stock market is like gambling : Critically evaluate the following statement: Playing the stock market is like gambling. Such speculative investing has no social value, other than the pleasure people get from this form of gambling.

Services supplied by business in product market : How supply affects goods and services supplied by business in the product market. How demand effect goods and services in the consumer market. How supply effect factors of production in the factors market and how demand affects factors of production ..

Machines in terms of their present value in cost savings : Machine X will produce cost savings of $6,000 per year for four years; machine Y will produce cost savings of $4,000 per year for six years. If the interest rate is 10% compounded annually, what are the savings for both of these machines in terms of ..

Relatively inflexible leisure budget : The vast majority of consumers have a relatively inflexible leisure budget. The net effect on spending in the metropolitan area then is zero, or very closes to zero. Read above sentences and explain how a “substitution effect” is relevant for evaluat..

User Account

All Pages