Which of the Following Futures Contract Holders Is Speculating

question 90

Multiple Choice

Which of the following futures contract holders is speculating?

• A) A wheat farmer who sells wheat futures
• B) A cattle rancher who buys live cattle futures
• C) A candy maker who buys sugar futures
• D) An oil producer who sells crude oil futures

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Definitions:

Serial Positioning

The tendency to recall the first and last items in a list better than the middle items.

Classical Conditioning

A learning process in which a neutral stimulus becomes associated with a meaningful stimulus and acquires the capacity to elicit a similar response.

Flashbulb Memory

A highly detailed and vivid memory of a momentous or emotionally significant event, which feels as if it has been captured in a photograph.

Implicit Memory

A type of memory that enables us to perform tasks without conscious awareness of these previous experiences, such as riding a bike.