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When Speculators Are Right, They

Question 25

Multiple Choice

When speculators are right, they:


A) move consumption of goods from times when they have a high value to times when they have a low value.
B) move consumption of goods from times when they have a low value to times when they have a high value.
C) often decrease economic efficiency since they raise prices in the short term.
D) decrease the opportunity cost of current production.

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