Question 7- (9 points) a) (5 points) Your friend John declares to you one night that he made $4000 by investing in stocks last year. John is proud of his achievement. Briefly, what are three questions you would ask John before agreeing that he should be proud of how his stock investments performed last year? Explain. b) (4 points) "Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas." - Paul Samuelson (Famous Economist) Agree or disagree. Why?

Question 7(9 points ) a) ( 5 points) Your friend John declares to you one night that he made $4000 by investing in stocks last year. John is proud of his achievement. Briefly, what are three questions you would ask John before agreeing that he should be proud of how his stock investments performed last year? Explain. b) (4 points) "Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas." - Paul Samuelson (Famous Economist) Agree or disagree. Why