A Trader Who Has a __________ Position in Gold Futures

question 70

Multiple Choice

A trader who has a __________ position in gold futures wants the price of gold to __________ in the future.

• A) long; decrease
• B) short; decrease
• C) short; stay the same
• D) short; increase
• E) long; stay the same

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Definitions:

Thumbwheel Switch

"A rotating switch used to input numeric information into a controller."

Input Module

A hardware component in a control system that receives and processes external signals for use within the system.

BCD

Binary Coded Decimal, a class of binary encodings where each digit of a number is represented by a fixed number of binary bits, commonly four or eight.

PL Output

PL Output refers to the output signals from a Programmable Logic (PL) device or system, controlling various devices based on programmed logic.