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Sublight2097 Sublight2097
wrote...
Posts: 4132
8 years ago
Speculators who expect a corn harvest next fall much larger than anyone now anticipates will
A) lower current corn prices and raise September prices above what they would be in the absence of the speculators.
B) lower current corn prices and lower September prices below what they would be in the absence of the speculators.
C) raise current corn prices and lower September prices below what they would be in the absence of the speculators.
D) raise current corn prices and raise September prices above what they would be in the absence of the speculators.
E) raise the expected September price of corn.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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SmooothSmoooth
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Posts: 5500
8 years ago
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Sublight2097 Author
wrote...
8 years ago
Another one in the books, marking it solved.
wrote...
8 years ago
My pleasure Happy Dummy
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