Which of the Following Is an Example of a Call

question 45

Multiple Choice

Which of the following is an example of a call option that is "in the money"?

• A)option to sell at $11, stock is worth $12
• B)option to buy at $13, stock is worth $12
• C)option to sell at $13, stock is worth $12
• D)option to buy at $11, stock is worth $12

---

Definitions:

Minimum Wages

The lowest legal wage that can be paid to workers, set by government laws to protect employees from unduly low pay.

Structural Unemployment

A type of unemployment that results from a mismatch between the skills that workers offer and the skills demanded by employers.

Surplus of Labor

A situation in which the supply of labor exceeds the demand for labor, often resulting in unemployment or underemployment.

Minimum-Wage Law

Legislation that sets the lowest hourly wage rate that an employer can legally pay its workers, intended to protect workers from exploitation.