If You Sold an S&P 500 Index Futures Contract at a Price

question 27

Multiple Choice

If you sold an S&P 500 Index futures contract at a price of 2950 and closed your position when the index futures was 2947, you incurred

• A) a loss of $1,500.
• B) a gain of $1,500.
• C) a loss of $750.
• D) a gain of $750.
• E) None of the options are correct.

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Definitions:

Gender Constancy

A cognitive understanding that one's gender identity is fixed and consistent across time and situation, typically developed by the age of 6 or 7.

Gender Knowledge

Understanding of the social, cultural, and biological aspects of gender and its impact on individual and group identities.

Social Learning Theory

A theory that suggests people learn from one another, via observation, imitation, and modeling.

Phallic Stage

A Freudian developmental phase where a child's focus of libido (sexual energy) is concentrated in the genital area, and they develop strong attachments to the parent of the opposite sex.