Author Question: An increase in the price of wheat futures will tend to cause A) a decrease in current wheat ... (Read 193 times)

iveyjurea

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An increase in the price of wheat futures will tend to cause
 
  A) a decrease in current wheat consumption.
  B) an increase in short-selling of wheat.
  C) a shortage of wheat in the future.
  D) a surplus of wheat in the future.

Question 2

In the context of a roulette wheel, gambler's fallacy refers to the belief that:
 
  A) outcomes of a gamble are mostly repetitive.
  B) winners in a gamble lose the next round.
  C) outcomes of a gamble tend to avoid repeats.
  D) winners in a gamble continue to win in streaks.



jgranad15

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Answer to Question 1

A

Answer to Question 2

C



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