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.
Ans: D. Both B and C.
Economics
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Suppose your bank pays you 5 percent interest per year on your savings account. If prices increase by 5 percent per year over that time, approximately how much real value do you gain by keeping $100 in the bank for a year?
A) $0 B) $1 C) $3 D) $6
Economics
Tomas increased his consumption of potato chips when the price of pistachios increased. For Tomas, potato chips and pistachios are
A) both luxury goods. B) substitutes in consumption. C) both inferior goods. D) complements in consumption.
Economics