Which of the Following Is Not Correct Concerning the Financial

question 30

Multiple Choice

Which of the following is not correct concerning the financial futures markets?

• A) One of the prominent exchanges for financial futures is the Chicago Board of Trade.
• B) The contracts were first traded in 1972.
• C) A major use is protection from interest rate risk.
• D) Trading in commodity futures significantly exceeds trading in financial futures.

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Definitions:

Attributes

Characteristics or features of a product, person, or thing, often considered in evaluation or decision-making.

Trickle-down Theory

An economic hypothesis that posits that benefits granted to the wealthy will eventually trickle down to the poorer members of society, improving the economy as a whole.

Sociological Model

A framework for understanding social behaviors, structures, and patterns within a society.

Revolutionary

Related to or involving dramatic and wide-reaching change, especially in social or political structures.