The French and Russian revolutions were both fought largely over ______.
a. deciding what to produce
b. the distribution of goods
c. the use of new production technology
d. slow production processes
b. the distribution of goods
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You may receive a margin call if
A. You have a long (buying) futures position and prices increase B. You have a long (buying) futures position and prices decrease C. You have a short (selling) futures position and prices increase D. Both B and C.
The intrinsic value of an option:
A. is the amount the investor believes the option will be worth on the expiration date. B. is equal to price of the underlying asset. C. is the amount the option is worth if it is exercised immediately. D. cannot be determined without knowing the future price of the underlying asset.
Sellers usually have an incentive to
What will be an ideal response?
A supply restriction on imported goods, such as the government's restriction of imported oil for many years, is referred to as
A. an import quota. B. a price floor. C. an export quota. D. a price ceiling.