If person A sells a 2003 Treasury bond futures contract to person B, in market terminology,
A) A is long and B is short.
B) A is short and B is long.
C) A is short and B is the broker.
D) A is long and B is the dealer.
B
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In a persisting demand-pull inflation
A) aggregate demand increases and potential GDP decreases. B) aggregate demand decreases and aggregate supply decreases. C) aggregate supply decreases and aggregate demand increases. D) aggregate supply increases and aggregate demand increases. E) None of the above answers is correct.
If the risk adjusted discount rate method and the certainty equivalent methods are to give the same results, then the certainty equivalent factor (at) must equal (where rf is the risk-free interest rate, and "k" is the risk adjusted cost of capi
) A) (1 + rf)t times (1 + k)t. B) (1 + k)t divided by (1 + rf)t. C) (1 + rf)t divided by (1 + k)t. D) (1 + k)t minus (1 + rf)t.
When you see a commercial on TV asking you to "look for the union label," the union is trying to
A) increase worker productivity. B) increase the demand for nonunion goods. C) increase the demand for union goods. D) decrease the demand for nonunion goods.
Which of the following are necessary components of a normative statement?
a. objective; testable b. subjective; contestable c. objective; contestable d. subjective; testable