The Average Price at Which a Futures Contract Sell at the End

question 83

Multiple Choice

The average price at which a futures contract sell at the end of the trading day is called the

• A) opening price
• B) closing price
• C) settlement price
• D) lifetime price

---

Definitions:

Economic Income

The total value of all earnings over a period, including wages, salaries, bonuses, and any earnings from investments.

Net Worth

The total value of an individual's or organization's assets minus liabilities.

Consumption

The use of goods and services by households, considered as the end component of economic activity where goods or services are utilized.

Vertical Equity

A principle of taxation that posits taxpayers with higher incomes should pay more in taxes than those with lower incomes, based on the ability to pay.