Examlex
What function of money is highlighted when Sally pays her cell phone bill with cash?
Price Increase
An upward movement in the price of a good, service, or asset, often due to factors like demand growth or supply constraints.
Long Position
Holding an asset with the expectation that it will increase in value, often contrasted with taking a short position, betting on a decline in value.
Futures Contracts
Futures contracts are standardized legal agreements to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future.
Futures Exchanges
Marketplaces where futures contracts and options on futures contracts are traded, facilitating the buying and selling of commodities or financial instruments at a predetermined future date.
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