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

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Definitions:

Disparate Treatment

Differing treatment of individuals, where the differences are based on the individuals' race, color, religion, sex, national origin, age, or disability status.

Bona Fide

Genuine or real; often used legally to refer to intentions, transactions, or qualifications that are made in good faith without intent to deceive.

Occupational Qualification

Essential qualities or requirements deemed necessary for performing a specific job, often used in legal contexts to justify hiring practices.

Property Rights

Legal rights to possess, use, and dispose of assets, including tangible and intellectual properties.