Most Actively Traded Forward Contracts Are Written On

question 104

Multiple Choice

Most actively traded forward contracts are written on:

• A)Canadian Treasury bills.
• B)Standard & Poor's index.
• C)Wheat contracts.
• D)Foreign currencies.

---

Definitions:

Demand

The desire for a particular good or service combined with the ability and willingness to pay for it.

Emergent Property

A characteristic or phenomenon that arises from the interaction and organization of individual components in a system, not predictable from the properties of the individual parts.

Market Equilibrium

The point at which the quantity of goods supplied equals the quantity demanded at a particular price.

Emergent Equilibria

The spontaneous attainment of stability within a complex system where individual components interact and adjust to changing conditions without central control.