Suppose That Everyone Believes War Is About to Break Out

question 90

Multiple Choice

Suppose that everyone believes war is about to break out in the Middle East, decreasing the supply of oil. One should:

• A) buy oil futures because the reduced oil supply will raise the price of oil.
• B) sell oil futures because the reduced oil supply will decrease the price of oil.
• C) speculate at random.
• D) do nothing; prices already reflect that information.

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Definitions:

Feedback

The process of providing constructive information regarding someone's performance or behavior to encourage improvement or reinforce positive actions.

Compressed Workweeks

Work schedules that allow employees to complete their usual work hours in fewer days, often involving longer individual work days.

Social Aspects

The dimensions of an issue, activity, or situation that involve the interactions and relationships between individuals or groups.

Required Number of Hours

The specific number of hours employees are mandated to work within a certain period, as stipulated by their employment contract or company policy.