Multiple Choice
The establishment of a futures market in a commodity should not have a major impact on spot prices because
A) the futures market is small relative to the spot market.
B) the futures market is illiquid.
C) futures are a zero-sum game.
D) the futures market is large relative to the spot market.
E) most futures contracts do not take delivery.
Correct Answer:

Verified
Correct Answer:
Verified
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