Question

Understand the given situation and share your views

Amena wants to buy some stuff but she is confused. She expects about future price

and presently not planning to buy. What do you understand by this situation? Also

state the effect on National Income.​

Answer 1

Answer:

I think that Amana wanted to buy some stuff and first she expects about the future prize, it means the cost of the stuff is expensive so she is not planning to buy

Answer 2

Answer:

What Is Contango?

Contango is a situation where the futures price of a commodity is higher than the spot price. Contango usually occurs when an asset price is expected to rise over time. That results in an upward sloping forward curve.