A Speculator That Has ________ a Futures Contract Has Taken

question 5

Multiple Choice

A speculator that has ________ a futures contract has taken a ________ position.

• A) sold; long
• B) purchased; short
• C) sold; short
• D) purchased; sold

---

Definitions:

Inflationary Gap

A situation where the demand for goods and services exceeds the supply, leading to inflation and an overheating economy.

Fiscal Policy

Alterations in expenditure and taxation by the government to control and impact the country's economic conditions.

National Debt

The sum of funds a nation's government has accumulated in debt, often due to spending more than its budget allows.

GDP

Gross Domestic Product represents the overall market value of all end products and services made inside a nation over a certain timeframe.