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Which One of the Following Stock Index Futures Has a Multiplier

question 12

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Which one of the following stock index futures has a multiplier of $250 times the index value


Definitions:

Congress

The national legislative body of the United States, composed of the House of Representatives and the Senate.

Executive Agreements

Legally binding agreements between the president of the United States and foreign nations, not requiring Senate approval.

Treaty Power

This refers to the power of a country, often exercised by its executive branch, to negotiate, sign, and ratify treaties with other countries, subject to legislative approval in some cases.

Senate

The upper chamber of the United States Congress, consisting of two senators from each state, responsible for making and passing federal laws.

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