When a Speculator Invests in a Financial Futures Contract, the Individual

question 23

Multiple Choice

When a speculator invests in a financial futures contract, the individual

• A) ​enters a contract to make future delivery
• B) ​enters a contract to accept future delivery
• C) ​either enters a contract to make or to accept future delivery
• D) ​hedges to reduce the risk of loss

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Definitions:

Moral Standards

Principles or rules of behavior that individuals and societies consider to be ethically right or acceptable, guiding conduct in various situations.

Conscious Mind

The aspect of the mind that involves awareness of the immediate surroundings, thoughts, and sensations.

Libido

A term often used in psychoanalytic theory to denote the energy associated with the sexual drive and desire.

Id

In psychoanalytic theory, the part of the mind in which innate instinctual impulses and primary processes are manifest.