S&P 500 INDEX (CME); $500 Times Index May 12, 2007

question 264

Multiple Choice

S&P 500 INDEX (CME) ; $500 times index May 12, 2007 Suppose that yesterday you purchased one December futures contract at the settle price. At the close of business today, how much is your contract worth? (Ignore margin considerations.)

• A) $5,875 less than yesterday
• B) $11.7 less than yesterday
• C) $11.7 more than yesterday
• D) $5,850 more than yesterday
• E) $5,875 more than yesterday

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Definitions:

Meaning of Work

The significance or purpose that individuals attribute to their work, often in terms of its value, satisfaction, and impact on their identity.

Technocentric

An ideology or perspective that prioritizes technology and its development as central to societal progress and human well-being.

Anthropocentric

Refers to a viewpoint that considers human beings as the central or most significant species on the planet, often at the expense of the environment or other species.

Sociotechnical Systems

An approach considering the interaction between people and technology in workplaces, emphasizing the importance of both social and technical elements in designing systems.