Speculators Who Normally Close Out Their Futures Positions on the Same

question 60

Multiple Choice

Speculators who normally close out their futures positions on the same day that the positions were initiated are referred to as

• A)day traders.
• B)hedgers.
• C)closed-end traders.
• D)position traders.

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Definitions:

Producers

Entities or individuals that create or supply goods and services.

Minimum Imposed Price

A price floor set by the government, preventing prices from falling below a certain level.

Deadweight Loss

An economic inefficiency that occurs when market equilibrium is not achieved or is distorted, typically due to a price floor, ceiling, or tax.

Price Control

A government-imposed limit on the price charged for a product.