​Futures Contracts Are Typically ____; Forward Contracts Are Typically ____

question 9

Multiple Choice

​Futures contracts are typically ____; forward contracts are typically ____.

• A) ​sold on an exchange; sold on an exchange
• B) ​sold in an over-the-counter market; sold on an exchange
• C) ​sold on an exchange; sold in an over-the-counter market
• D) ​offered by commercial banks; offered by commercial banks

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Definitions:

Unconditioned Response

An automatic, natural reaction to a stimulus that occurs without prior learning or conditioning.

Sour Pickles

A type of food preserved in a solution of vinegar or brine, characterized by its sour taste.

Salivation

The secretion and release of saliva into the mouth, which is often triggered by the sight, smell, or thought of food.

Conditioned Stimulus

An initially neutral trigger that, upon being paired with an unconditioned stimulus, in time elicits a conditioned response.