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Recall Application 1, "Energy Price Uncertainty Reduces Investment Spending," to Answer

Question 73

Multiple Choice

Recall Application 1, "Energy Price Uncertainty Reduces Investment Spending," to answer the following questions:
-According to the application, uncertainty in future oil prices usually cause firms to


A) hasten investments to take advantage of low energy prices.
B) increase investment in oil exploration.
C) never make investment choices in the energy sector.
D) delay investment until uncertainty is removed.

Correct Answer:

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