MCQOPTIONS
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| 1. |
In volatile markets, “speculators” would be expected to provide some stability because |
| A. | they will be required to do so by the government. |
| B. | they will use current price moves to predict future moves. |
| C. | they will buy when price is below equilibrium and sell when it is above equilibrium. |
| D. | they will buy when price is above equilibrium and sell when it is below equilibrium. |
| Answer» D. they will buy when price is above equilibrium and sell when it is below equilibrium. | |