What Is a "Future

question 79

Multiple Choice

What is a "future"?

• A)A contract in which two parties agree to exchange cash flows (e.g.interest cash flows).
• B)A contract in which one party commits upfront to buy or sell commonly traded items at a defined price and maturity date.
• C)A contract in which one party commits upfront to buy or sell something at a defined price at a defined future date.
• D)A contact that gives the right,but not the obligation,to buy a share at a specified price over a specified period of time.

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Definitions:

Variable Interval

A schedule of reinforcement where a response is rewarded after an unpredictable amount of time has passed, used in operant conditioning to modify behavior.

Reinforcement

In behavioral psychology, a process that increases the likelihood of a behavior being repeated, usually by providing a reward.

E-Mail

A method of exchanging digital messages over the Internet between people using electronic devices.

Fixed Interval

A schedule of reinforcement where the first response is rewarded only after a specified amount of time has elapsed.