If You Sold S&P 500 Index Futures Contract at a Price

question 50

Multiple Choice

If you sold S&P 500 Index futures contract at a price of 950 and closed your position when the index futures was 947, you incurred:

• A)a loss of $1,500.
• B)a gain of $1,500.
• C)a loss of $750.
• D)a gain of $750.
• E)None of the options

---

Definitions:

Anti-federalists

Individuals who opposed the creation of a strong federal government and the ratification of the Constitution in 1787, fearing it would overcentralize power and endanger individual freedoms.

Foreign Policy

A nation's strategy and decisions in dealing with other countries, including diplomacy, military actions, trade agreements, and humanitarian efforts.

Democracy

A system of government in which power is vested in the people, who rule either directly or through freely elected representatives.

Popular Democrats

A reference to members of the Democratic Party who enjoy widespread support among the electorate.