An Increase in the Basis Will __________ a Long Hedger

question 31

Multiple Choice

An increase in the basis will __________ a long hedger and __________ a short hedger.

• A)hurt; benefit
• B)hurt; hurt
• C)benefit; hurt
• D)benefit; benefit

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Definitions:

Austrian Empire

A Central European multinational great power from 1804 to 1867, formed by the proclamation of the Habsburg emperor Francis II.

Enlightenment

An intellectual and philosophical movement in the 17th and 18th centuries emphasizing reason, individualism, and skepticism towards traditional doctrines.

Papacy

The office and jurisdiction of the Pope, the leader of the Roman Catholic Church, recognized as the spiritual authority over Catholics worldwide.

Western Europe

A region comprising the western part of Europe, known for its advanced economies, democracies, and rich cultural history.