Open Interest Allows Investors to Change the Interest Rate on Futures

question 44

True/False

Open interest allows investors to change the interest rate on futures contracts.

---

Definitions:

Coining Money

The power to produce and regulate currency, typically exercised by a sovereign government or central authority, ensuring a standardized form of money within its jurisdiction.

Jay's Treaty

A 1795 treaty between the United States and Great Britain that sought to settle outstanding issues from the American Revolutionary War and facilitate ten years of peaceful trade between the nations.

Impressment

The British navy’s practice of using press-gangs to kidnap men in British and colonial ports who were then forced to serve in the British navy.

British Imports

Goods or services brought into a country from the United Kingdom for sale or use.