If You Buy a Futures Contract for U

question 68

Multiple Choice

If you buy a futures contract for U.S. Treasury bills and on the delivery date the interest rate on T-bills is lower than you expected, you will have

• A)lost money on your long position.
• B)gained money on your long position.
• C)lost money on your short position.
• D)gained money on your short position.

---

Definitions:

Dopamine

A neurotransmitter in the brain associated with pleasure, movement, and the reward system.

Hallucinations

Perceptions in a conscious and awake state in the absence of external stimuli which have qualities of real perception.

Relaxation

A state of being free from tension and anxiety, often pursued through various techniques such as meditation, breathing exercises, or certain recreational activities.

Serotonin

A neurotransmitter involved in various functions, including mood regulation, digestion, and sleep.