Which of the Following Is an Argument Used by Keynes

question 10

Multiple Choice

Which of the following is an argument used by Keynes and Hicks?

• A) If hedgers hold long positions and speculators holds short positions, the futures price will tend to be higher than expected future spot prices
• B) If hedgers hold long positions and speculators holds short positions, the futures price will tend to be lower than expected future spot prices
• C) If hedgers hold long positions and speculators holds short positions, the futures price will tend to be lower than today's spot prices
• D) If hedgers hold long positions and speculators holds short positions, the futures price will tend to be higher than today's spot prices

---

Definitions:

National Average

The average value of a particular variable across the entire population of a nation.

University of Pennsylvania

An Ivy League research university located in Philadelphia, Pennsylvania, known for its prestigious programs in various disciplines.

Production Filling

The process of manufacturing, wherein products are filled into their final packaging.

Sample Mean

The average value of a sample set, calculated by adding all the observed values and dividing by the number of observations.