If a Futures Contract for U

question 70

Multiple Choice

If a futures contract for U.S. Treasury bonds increases by "12" in the financial page listings, the value of the contract increased by:

• A) $120.00.
• B) $1,200.00.
• C) $375.00.
• D) $240.00.

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Definitions:

Moving From Point

The action of changing positions or conditions, often used in the context of shifting from one economic state or decision point to another.

Economy's Resources

The total assets including labor, capital, land, and entrepreneurship available for the production of goods and services in an economy.

Produce Only

Focused solely on the creation or manufacturing of goods.

Quantity Of Resources

The total amount of natural, human, and capital resources available to produce goods and services.