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If Speculators Expect That the Future Price of Corn Will

Question 184

Multiple Choice

If speculators expect that the future price of corn will be higher, they will cause today's price of corn to ________ and the future price of corn to be ________ than it would have been without speculation.


A) decrease; higher
B) increase; lower
C) decrease; lower
D) increase; higher

Correct Answer:

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