Futures Contracts Are Subject to Default Risk

question 38

True/False

Futures contracts are subject to default risk.

---

Definitions:

Unemployment

The situation where individuals who are willing and able to work cannot find jobs.

Labor Market

A marketplace where employers find workers and workers find jobs, characterized by supply and demand for labor.

Bureau of Labor Statistics

A U.S. government agency responsible for collecting, analyzing, and disseminating essential economic information related to labor market activity, working conditions, and price changes.

Unemployed Category

A classification for individuals who are without jobs and actively seeking work within the labor market.