Speculators Are a Necessary Component of Well-Functioning Futures Markets

question 8

True/False

Speculators are a necessary component of well-functioning futures markets.

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Definitions:

Abdominal Cavity

A body cavity in vertebrates that houses many organs, enclosed by the abdominal muscles and containing the stomach, intestines, liver, and other organs.

Coelom

A fluid-filled body cavity between the intestinal canal and the body wall in most bilateral animals, housing organs.

Pseudocoelom

A body cavity between the mesoderm and endoderm; derived from the blastocoel. Compare with coelom.

Echinoderms

Phylum of spiny-skinned marine deuterostome invertebrates characterized by a water vascular system and tube feet; include sea stars, sea urchins, and sea cucumbers.