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Explain the CPI bias and how it can distort private contracts and increase government outlays.
Futures Contracts
Futures contracts are standardized legal agreements to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future.
Futures Exchanges
Marketplaces where futures contracts and options on futures contracts are traded, facilitating the buying and selling of commodities or financial instruments at a predetermined future date.
Delivery Date
The specific date on which a financial transaction, especially pertaining to futures or options contracts, is scheduled to be settled or executed.
Futures Contracts
Standardized agreements to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future.
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