The relationship between the price in the cash market and the price in the futures market is
A) nonexistent.
B) negative.
C) positive.
D) None of the above.
C
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Jack, an outstanding high school baseball player, has to decide whether to sign a contract with a major league baseball organization or to go to college. If Jack is determining his opportunity costs to go to college instead, he would include
A. just the tuition and fees he would pay. B. the tuition and fees he would pay and the costs of books he must purchase. C. the tuition and fees he would pay, the costs of the books he must purchase plus the costs of room and board. D. the tuition and fees he would pay, the costs of books he must purchase, the extra costs of room and board to live on campus minus the income he would receive from playing professional baseball. E. the tuition and fees he would pay, the costs of books he must purchase, the extra costs of room and board to live on campus plus the income he would receive from playing professional baseball.
In economics, the cost of something is?
A. The out-of-pocket expense of obtaining it. B. What you must give up to get it. C. Always measured in units of time. D. Always higher than people think.
Small-denomination time deposits are part of M2, but not part of M1
Indicate whether the statement is true or false
The precipitous fall in stock prices between March 2000 and December 2002
A. undercut political support for partial privatization of Social Security. B. caused the government to increase Social Security payments. C. emboldened those in favor of partial privatization of Social Security. D. greatly affected the payouts associated with Social Security.