Why Are Synthetics Created And/or Calculated When the Actual Derivative

question 3

Essay

Why are synthetics created and/or calculated when the actual derivative is available?

---

Definitions:

Social Contract

Agreement hammered out between labor and management in leading industries; called a new “social contract.” Unions signed long-term agreements that left decisions regarding capital investment, plant location, and output in management’s hands, and they agreed to try to prevent unauthorized “wildcat” strikes.

Childcare Expenses

Costs that parents or guardians incur in providing care for their children, especially during work hours, including daycare, nannies, and preschool services.

Wage Cuts

A reduction in the amount of money employees are paid for their work, often implemented by employers to reduce costs during economic downturns or financial struggles.

Libertarian Conservatives

A political ideology that emphasizes personal freedom, limited government, free markets, and the protection of individual rights, often intersecting with conservative values on economic issues.