The futures price at which you sold 20 futures contracts is $5.00 per bushel. The next day, the futures price drops to $4.80 per bushel. What is the balance in your brokerage account if the initial margin is $2,000 per contract?

Tariffs to limit imports to "protect U.S. jobs" will also

A) stimulate exports. B) limit exports. C) decrease import prices. D) reduce domestic production of import-threatened products.

Which of the following is correct?

a. If developing countries limit career and educational opportunities for women, birth rates are likely to be lower. b. Growth rates in developed and developing countries are nearly the same. c. Historically, in periods where the rate of population growth was high, so was the rate of growth in world real GDP per person. d. None of the above is correct.