In the Context of a Futures Contract, the Basis Is

question 15

Multiple Choice

In the context of a futures contract, the basis is defined as ________.

• A) the futures price minus the spot price
• B) the spot price minus the futures price
• C) the futures price minus the initial margin
• D) the profit on the futures contract

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Definitions:

Thalamus

A brain structure that acts as a relay center, processing and transmitting sensory and motor signals to the cerebral cortex.

Third Ventricle

A median cleft between the two halves of the brain that is filled with cerebrospinal fluid.

First Ventricle

Also known as the left ventricle, a chamber of the heart responsible for pumping oxygenated blood to the aorta and systemic circulation.

Limbic System

A complex system of nerves and networks in the brain, involved with instinct and mood, controlling basic emotions, and drives such as fear and pleasure.