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A Farmer Who Sells a Futures Contract Is Betting That

question 79

Multiple Choice

A farmer who sells a futures contract is betting that prices will _____ at the expiration of the contract.


Definitions:

Check Register

A record book or a ledger that tracks all the checks written, deposits made, and current balance of a checking account.

Deposit

A deposit is a sum of money placed into an account or given as security for a financial transaction.

Cash Balance

The amount of cash a company or an individual has available after all transactions have been accounted for.

Deposits

Sums of money placed into an account or with a financial institution for safekeeping and/or to earn interest.

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