In a derivative transaction:
A. the dollar amount of the transaction increases as the contract date approaches.
B. the risk is less than if actually purchasing the underlying asset.
C. there is always a futures contract.
D. what one person gains is what the other person loses.
Answer: D
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Lump sum taxation is an attractive policy tool.
A. True B. False C. Uncertain
Economic growth focuses on ____________, utility focuses on ____________, and the capabilities approach focuses on __________________.
A. human development; individual pleasure; output B. output; human development, individual pleasure C. output; individual pleasure; human development D. human development, output, individual pleasure
A higher interest rate makes _____ less attractive. Therefore the quantity of loanable funds demanded decreases
Fill in the blank(s) with correct word
Factories and machines are examples of:
A. value-added goods. B. non-market goods. C. consumption goods. D. capital goods.