A commodity speculator who thinks next fall's corn harvest will actually be much larger than most people now anticipate will want to
A) buy corn now for sale in September.
B) buy September corn futures.
C) buy land suitable for growing corn.
D) sell September corn futures.
E) sell corn in September from stocks accumulated between now and September.
D
You might also like to view...
If the residents of a country specialize in a good in which they have a comparative advantage and trade with residents in another nation, the residents in the first country
A) can consume more than they could without trade. B) can produce more than they could without trade. C) will have a lower standard of living. D) will be exploited by the second nation.
In the long run, an increase in the growth rate of the money supply leads to an increase in the real interest rate, but no change in the nominal interest rate
a. True b. False Indicate whether the statement is true or false
To encourage formation of small businesses, the government could provide subsidies; these subsidies
a. would be included in GDP because they are part of government purchases. b. would be included in GDP because they are part of investment expenditures. c. would not be included in GDP because they are transfer payments. d. would not be included in GDP because the government raises taxes to pay for them.
Which of the following statements characterizes NAFTA's economic arrangements among its member countries (Canada, Mexico, and the United States)?
a. There are no restrictions on the movement of labor from one country to another. b. There are no restrictions on the movement of capital from one country to another. c. All three countries have adopted the same identical tariff system. d. There is free trade among the three member countries.