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A Trader Who Has a __________ Position in Gold Futures

question 70

Multiple Choice

A trader who has a __________ position in gold futures wants the price of gold to __________ in the future.


Definitions:

Interest Rate

The fraction of a total sum charged for borrowing it, often shown as a rate per year.

Expected Rate of Profit

Expected profits divided by money invested.

Disposable Income

The sum of funds households can spend and save after deducting income taxes.

APS

Average Propensity to Save, which measures the proportion of income that is saved rather than spent.

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