Speculators Who Think That a War in the Middle East

question 234

Multiple Choice

Speculators who think that a war in the Middle East is likely will:

• A) sell oil futures, pushing up the future price.
• B) buy oil futures, pushing down the future price.
• C) sell oil futures, pushing down the future price.
• D) buy oil futures, pushing up the future price.

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Definitions:

Complex Strategies

Involves multifaceted and often sophisticated plans or methods aimed at achieving a particular goal or solving specific problems.

Subgoals

Intermediate goals or problems to solve that put one in a better position for reaching a final goal or solution.

Evaluating

The process of assessing or judging the value, nature, character, or quality of something through careful consideration and analysis.

Trial-and-Error

A problem-solving method involving repeated, varied attempts to find a solution, learning from the failures along the way.