The establishment of a futures market in a commodity should not have a major impact on spot prices because

A. the futures market is small relative to the spot market.
B. the futures market is illiquid.
C. futures are a zero-sum game.
D. the futures market is large relative to the spot market.
E. most futures contracts do not take delivery.


C. futures are a zero-sum game.

Losses and gains to futures contracts net to zero and thus should not impact spot prices.

Business

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The labor force consists of

A. those employed plus those on temporary layoff. B. those employed plus those unemployed. C. the working-age population minus those who are in the military or institutionalized. D. the working-age population plus those who are in the military or institutionalized.

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The decision to buy or not to buy should not focus on a signature.

Answer the following statement true (T) or false (F)

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Usually, the first sales management position to which a salesperson is promoted is:

A. divisional sales manager. B. district sales manager. C. key accounts sales manager. D. regional sales manager. E. senior salesperson.

Business

________ is a well-known system based on psychological traits that correlate with consumer behavior. It divides the entire U.S. population into segments and then sells pieces of this information to clients for specific strategic applications

A) VALS™ B) Decitica C) AIO D) PRIZM E) NAICS

Business