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If an Individual Enters a Contract to Accept Future Delivery

question 12

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If an individual enters a contract to accept future delivery of Treasury bonds, that is a long position.​


Definitions:

Fish

Aquatic animals that are primarily gilled and often harvested for food, sport, or aquariums.

Coconuts

Tropical fruits with a hard shell, edible white flesh, and clear liquid inside, often found in coastal regions.

Factor Of Production

An input used in the creation of a good or service; these include labor, capital, land, and entrepreneurship.

Factor Market

The factor market is where services of the factors of production (such as labor, land, and capital) are bought and sold.

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