In Which Market Does a Clearinghouse Serve as a Third

question 3

Multiple Choice

In which market does a clearinghouse serve as a third party to all transactions?

• A)Futures
• B)Forwards
• C)Swaps
• D)None of the above

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Definitions:

Elaborative Rehearsal

The kind of coding in which new information is related to information that is already known.

Levels-of-processing Model

A theory suggesting that memory retention is directly related to the depth of mental processing of information, ranging from shallow to deep.

Method of Savings

A measure of retention in which the difference between the number of repetitions originally required to learn a list and the number of repetitions required to relearn the list after a certain amount of time has elapsed is calculated.

Ebbinghaus

A psychologist best known for his research on memory, particularly for discovering the forgetting curve and the spacing effect.