Globally, Alcohol Is Thought to Cause

question 38

Multiple Choice

Globally, alcohol is thought to cause

• A) twice as many deaths as tobacco.
• B) the same number of deaths as does tobacco.
• C) 2.4 million deaths per year.
• D) 3.8 million deaths per year.

---

Definitions:

Futures Contracts

Financial contracts obligating the buyer to purchase an asset (like a commodity or financial instrument) and the seller to sell the asset at a predetermined future date and price.

Forward Contracts

Financial derivatives that obligate the buyer to purchase and the seller to sell a specific asset at a predetermined future date and price.

Marked-To-Market

Marked-to-market refers to the practice of valuing assets or financial instruments based on their current market prices.

Option Contract

A financial derivative that provides the buyer the right, but not the obligation, to buy or sell an asset at a specified price within a specific time period.