If the current cash price is $8.80/bushel, storage costs are $0.15/bushel, August futures are currently trading at$9.20/bushel, and you expect the basis in July to be $0.20/bushel under August, then your expected profits from storing until July would be:

Answer the following questions true (T) or false (F)

1. Developing countries with large informal sectors tend to have firms that invest less in capital equipment. 2. If income is unequally distributed in an economy, increases in GDP may not raise well-being in an economy. 3. Real GDP per capita is calculated by dividing the value of real GDP for a country by the country's adult population.

In the Paris Agreement on Climate Change, participating nations agreed to

A. trade carbon-dioxide permits. B. reduce their overall emissions of greenhouse gases to yield a reduction in the global temperature by 2050. C. buy greenhouse gas emission permits from developing nations. D. eliminate all emissions of greenhouse gases by 2050.