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Which of the following fiscal programs is least likely to affect aggregate demand?
S&P 500 Index
A market-capitalization-weighted index of the 500 largest U.S. publicly traded companies and is often used as a benchmark for the overall stock market.
Futures Contract
A futures contract is a standardized legal agreement to buy or sell something at a predetermined price at a specified time in the future, often used for hedging risk or speculative ventures.
Position
An investment holding that represents a partial ownership or obligation in a particular security or financial instrument.
Stock Index Futures
Futures contracts based on stock market indexes, allowing investors to speculate on the future value of the index or hedge against potential market movements.
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