It DOES NOT have to be extremely long, please.

Thanks.

9. 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. 10. Suppose the government announces that, based on a just-completed survey, the growth rate in the economy is likely to be 2% in the coming year, as compared to 5% for the year just completed. Will security prices increase, decrease, or stay the same following this announcement? Does it make any difference whether or not the 2% figure was anticipated by the market? Explain