If the demand for apples increases at the same time the supply of apples falls, the price of apples will tend to fall

The buyer of a put option on Boeing with a strike price of $75 and an expiration date in November 2003 has the

A) right to buy 100 shares of Boeing at $75 on or before November 1999. B) right to sell 100 shares of Boeing at $75 on or before November 1999. C) right to buy 100 shares of Boeing at $75 on or after November 1999. D) right to sell 100 shares of Boeing at $75 on or after November 1999.

Expectations that the price level will increase in the future will _____

Fill in the blank(s) with the appropriate word(s).