Situations Where the Current Futures Price Lies Below the Expected

question 14

Multiple Choice

Situations where the current futures price lies below the expected futures price are called:

• A) contango
• B) normal contango
• C) backwardation
• D) normal backwardation

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Definitions:

Acetylcholine

A neurotransmitter in both the central and peripheral nervous systems that plays an important role in muscle contraction and sensory processing.

Excitatory Neurotransmitter

A type of neurotransmitter that promotes the generation of an electrical signal called an action potential in receiving neurons.

Glutamate

An amino acid that functions as the major excitatory neurotransmitter in the vertebrate brain

All-Or-None Response

The principle that no variation exists in the strength of a single action potential; only a stimulus strong enough to depolarize the membrane to its critical threshold level results in transmission of an action potential.