If the Price of a Natural Resource Is Expected to Rise

question 17

Multiple Choice

If the price of a natural resource is expected to rise at a rate that exceeds the interest rate,demand ________,supply ________,and the price ________.

• A)decreases;increases;falls
• B)increases;decreases;rises
• C)increases;increases;rises, falls, or remains unchanged
• D)decreases;decreases;rises, falls, or remains unchanged
• E)increases;does not change;rises

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