Multiple Choice
Suppose it is February,and a speculator believes that the demand for corn in March will be higher than everyone else expects.In this situation,the speculator will
A) bid down the price of March futures contracts.
B) bid down the spot price of corn.
C) give suppliers an incentive to sell more corn in February.
D) buy March futures contracts.
Correct Answer:
Verified
Correct Answer:
Verified
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