Which of the following statements regarding futures is true?
A) trading futures contracts on agricultural and mineral commodities makes up a majority of all trading.
B) trading in financial futures involves more transactions than trading in commodity futures.
C) futures trading is allowed only for financial assets.
D) futures trading is allowed only for commodities.
B
Economics
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Roger lives in Iceland and purchases a snowmobile manufactured in the United States. This purchase is
A. both a U.S. and Icelandic export. B. both a U.S. and Icelandic import. C. a U.S. import and an Icelandic export. D. a U.S. export and an Icelandic import.
Economics
The endogenous variable in the aggregate demand curve is ________
A) the real interest rate B) output C) inflation D) planned expenditure E) none of the above
Economics