This topic contains a solution. Click here to go to the answer

Author Question: Speculators who expect a corn harvest next fall much larger than anyone now anticipates will A) ... (Read 48 times)

Caiter2013

  • Hero Member
  • *****
  • Posts: 607
Speculators who expect a corn harvest next fall much larger than anyone now anticipates will
 
  A) lower current corn prices and raise September prices above what they would be in the absence of the speculators.
  B) lower current corn prices and lower September prices below what they would be in the absence of the speculators.
  C) raise current corn prices and lower September prices below what they would be in the absence of the speculators.
  D) raise current corn prices and raise September prices above what they would be in the absence of the speculators.
  E) raise the expected September price of corn.

Question 2

The data in the above table demonstrates that gains from trade can be captured if
 
  A) the United States produced both goods.
  B) the United States produced steel in exchange for concrete produced in France.
  C) the United States produced concrete in exchange for steel produced in France.
  D) each country became self-sufficient, produced both goods for itself, and did not engage in trade.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nothere

  • Sr. Member
  • ****
  • Posts: 324
Answer to Question 1

B

Answer to Question 2

B




Caiter2013

  • Member
  • Posts: 607
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


okolip

  • Member
  • Posts: 362
Reply 3 on: Yesterday
Excellent

 

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

For a complete list of videos, visit our video library