If you sell a futures contract for U.S. Treasury bills and on the delivery date the interest rate of T-bills is higher than you expected, you will have
A) lost money on your long position.
B) gained money on your long position.
C) lost money on your short position.
D) gained money on your short position.
C
You might also like to view...
TQM means
A) total quiet management. B) total quality maneuvers. C) total quality management. D) totally quiet motion. E) totally quality means.
Which of the following actions by oligopolistic firms indicates that collusion is occurring?
a. They meet to discuss ways to reduce pollution in their industry. b. They jointly host a conference on factory safety initiatives. c. They join a trade association that lobbies for higher tariffs on imported goods. d. They meet to discuss ways to deter new firms from entering their industry.
When the marginal utility per dollar of good A exceeds the marginal utility per dollar of good B,
A. good B must have a negative marginal utility. B. the consumer is consuming too much of good A. C. the consumer is in an optimal situation if the price of good A exceeds the price of good B. D. the consumer should consume more of good A.
If real output is $20 billion, the price level is 4, and velocity is 2, what is the stock of money?
A. $2.5 billion B. $10 billion C. $40 billion D. $160 billion