Futures contracts are least likely to be traded on which of the following exchanges?
A) New York Stock Exchange
B) Chicago Board of Trade
C) Chicago Mercantile Exchange
D) All of the above are equally likely to trade futures contracts.
A
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In the above figure, the economy is initially at point B. If the exchange rate falls, there is
A) a movement to point C. B) a movement to point A. C) a shift to AD2. D) a shift to AD1.
Which of the following countries actually experienced negative economic growth from 1960 to 2011?
A) Niger B) Malaysia C) Singapore D) Israel
National income is equal to gross domestic product minus:
a. indirect business taxes. b. depreciation. c. personal taxes. d. retained earnings. e. consumption spending.
The rational expectations hypothesis suggests that
A) people are creatures of habit and tend not to change their economic behavior in the short run. B) people are rational if they make forecasts about economic activity. C) people use all available information to make forecasts about future economic activity and adjust their behavior to these forecasts. D) people use all available information to make forecasts about future economic activity but often fail to adjust their behavior to these forecasts.