__________ buy or sell futures contracts to reduce their exposure to the risk of future price movements in the underlying asset
A) Hedgers
B) Speculators
C) Arbitrageurs
D) None of the above.
A
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Which of the following is NOT an example of traditional authority?
a. supervisor b. vice president c. bishop d. secretary
If production in the economy is efficient, then changes in market prices
A. Move us to a point above the production possibilities curve. B. Move us from a point below the production possibilities curve to a point on the production possibilities curve. C. Have no effect on our position on the production possibilities curve. D. Move us along the edge of the production possibilities curve.
The relationship between the wage and the quantity of labor that a given worker is willing to provide is called:
A. individual labor demand. B. market labor demand. C. individual labor supply. D. market labor supply.
The reasons behind this decline in employment could be all of the following except
What will be an ideal response?