Notes on the Money Market and LM Curve – Eco 3202 – Fall ...

Bulls make money when prices rise and lose when prices fall. Conversely, bears make money when prices fall and lose money when prices rise. After you establish whether your are bullish or bearish, you can chose any of the ‘games’ or ‘bets’ that follow, always remembering, a) there is no free money out there and 2) different bets have ... ................
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