The ________ Is the Total Number of Contracts of a Particular

question 3

Multiple Choice

The ________ is the total number of contracts of a particular option that have been written and not yet closed.

• A)market interest
• B)open interest
• C)turnover
• D)local turnover
• E)volume

---

Definitions:

Transfer Payments

Financial distributions without the requirement of goods or services in return, such as welfare or social security.

Tax Revenues

Governments' income derived from tax levies.

Campaign Pledge

A promise or commitment made by a political candidate or party to the electorate as part of their platform during an election campaign.

Balanced Budget Amendment

A proposed federal constitutional rule requiring that the government not spend more than its income in a fiscal year, aimed at ensuring fiscal responsibility.