For a Futures Contract Trading in April,the Open Interest for a June

question 1

Multiple Choice

For a futures contract trading in April,the open interest for a June contract,when compared to the open interest for Sept contract,is usually

• A) Higher
• B) Lower
• C) The same
• D) Equally likely to be higher or lower

---

Definitions:

Coffee Creamer

A dairy or non-dairy product added to coffee in order to enhance its flavor and texture.

Supply Curve

A graphical representation showing the relationship between the price of a good and the quantity supplied at those prices.

Equilibrium Quantity

The quantity of goods or services supplied is equal to the quantity demanded at the market equilibrium price.

Demand Curve

A graph showing the relationship between the price of a good and the quantity of that good that consumers are willing and able to purchase at various prices.