Use the following to answer question 154:
Figure: Speculation
-(Figure: Speculation) Today, speculators anticipating trouble in the Middle East will ______ the current supply of oil, causing the price of oil to _______.
A) decrease; rise from B to A
B) decrease; fall from A to B
C) increase; rise from B to A
D) increase; fall from A to B

Question

Use the following to answer question 154:
Figure: Speculation 
-(Figure: Speculation) Today, speculators anticipating trouble in the Middle East will ______ the current supply of oil, causing the price of oil to _______.
A) decrease; rise from B to A 
B) decrease; fall from A to B 
C) increase; rise from B to A 
D) increase; fall from A to B

Quizplus · Accepted Answer

Speculators anticipating trouble in the Middle East would likely decrease the current supply of oil by holding onto it, expecting prices to rise in the future. This action would cause the price of oil to rise from B to A.

Use the Following to Answer Question 154