The Pure Expectations Hypothesis Suggests Futures Prices Serve as Unbiased

question 20

True/False

The pure expectations hypothesis suggests futures prices serve as unbiased forecasts of future spot prices.

---

Definitions:

Economic Development

Activities aimed at improving the economic well-being and quality of life for a community, by creating and retaining jobs and supporting or growing incomes.

Operational

Pertains to the normal, day-to-day activities required for an organization or project to function effectively and efficiently.

Consolidation

Consolidation refers to the process of combining assets, liabilities, and other financial items of two or more entities into one.

Autonomy

The capacity to make decisions and act independently, free from external control or influence.