Commodity and Financial Futures Contracts

question 90

Multiple Choice

Commodity and financial futures contracts

• A)are highly risky investments.
• B)are highly liquid assets.
• C)are tangible investments.
• D)impose no obligation on buyers.

---

Definitions:

Higher-order Conditioning

A learning process where a conditioned stimulus is paired with a new neutral stimulus, causing the neutral stimulus to elicit the conditioned response without a direct association with the unconditioned stimulus.

Classical Conditioning

A learning process that occurs through associations between an environmental stimulus and a naturally occurring stimulus, famously demonstrated by Pavlov's dogs.

Salivate

The process of secreting saliva, especially in response to the presence of food as a part of the digestive process.

Stimulus Discrimination

The learned ability to distinguish between a conditioned stimulus and other stimuli that do not signal an unconditioned stimulus.