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The Use of Financial Futures Will Most Likely Increase as Financial

question 62

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The use of financial futures will most likely increase as financial managers gain a greater understanding and appreciation of their uses.


Definitions:

Economic Growth

An increase in a country's output of goods and services over time, often measured by changes in real GDP.

Allocative Inefficiency

A situation where resources are not distributed optimally, resulting in lost potential for producing welfare or value.

Marginal Cost

The cost incurred by producing one more unit of a good or service.

Marginal Benefit

The added utility or joy gained by consuming an extra unit of a product or service.

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