If you are bullish, you will go short in the market. a) True b) False Question 2 (2.5 points) If you are long in the futures as a speculator, you are predicting the price will increase. a) True b) False Question 3 (2.5 points) As a Chicago futures contract approaches the expiration date, the basis approaches transportation cost because of the delivery provision in the contract. a) True b) False Question 4 (2.5 points) In theory, prices should rise at a rate that would just cover the cost of storage. a) True b) False