A ________ Is an Asset or a Position Whose Value

question 36

Multiple Choice

A ________ is an asset or a position whose value moves in the equal but opposite direction of the exposure.

• A)net
• B)lag
• C)lead
• D)forward contract
• E)hedge

---

Definitions:

Infant Mortality Rate

The number of babies under age 1 who die per 1,000 live births in a given year.

Live Births

The births of babies who show any sign of life, such as breathing, heartbeat, or movement, regardless of gestational age.

Expenditure

The act of spending or using money for goods, services, or other purposes.

Child Care

This refers to the care and supervision of a child or multiple children, typically from infancy through age 13, by a person other than the child's parents.