Question

What does the word speculation mean to an economist? investing in low-risk stocks with surplus money investing in a type of stock the buyer knows little about making high-risk investments with borrowed money making small, high-risk investments with surplus money

Answer 1

the third choice

Step-by-step explanation:

gradpoint

Answer 2

The correct answer among the choices given is the third option. Speculation would mean to an economist as making high-risk investments with borrowed money. It is the purchase of something hoping for it to be more valuable at a certain time.