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Here are four statements about how people's expectations of future prices affect what the price and quantity in the current period. Which statements are TRUE?
Here are four statements about how people's expectations of future prices affect what the price and quantity in the current period. Which statements are TRUE? (Choose one or more.) A If both buyers and sellers expect the price to rise next period, the price would rise in the current period. B If buyers expect the price to rise next period and sellers expect the price to fall next period, the quantity traded would rise in the current period. C If both buyers and sellers expect the price to fall next period, the price would fall in the current period. D If sellers expect the price to rise next period and buyers expect the price to fall next period, the quantity traded would fall in the current period. Group of answer choices A D B C
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