Which of the Following Is Not Commonly Used as a Numeraire

question 8

Multiple Choice

Which of the following is not commonly used as a numeraire?

• A) Futures contract
• B) Money market account
• C) Risky asset
• D) Zero coupon bond

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Definitions:

Cori Cycle

Named for Czech-U.S. biochemist and Nobel laureate Carl F. Cori (1896–1984). Lactic acid, produced by skeletal muscle, is carried in the blood to the liver, where it is aerobically converted into glucose. The glucose may return through the blood to skeletal muscle or may be stored as glycogen in the liver.

Protein Metabolism

The process by which proteins are synthesized, broken down, and converted into other proteins or forms of energy within the body.

Ammonia

A colorless gas with a distinct, pungent smell, NH3, used in various industrial processes and also produced as a waste product in organisms.

Urea

A nitrogenous compound produced in the liver as a waste product of protein metabolism and excreted in urine.