A Speculator in the Futures Market Wishing to Lock in a Price

question 52

Multiple Choice

A speculator in the futures market wishing to lock in a price at which they could ________ a foreign currency will ________ a futures contract.

• A) buy; sell
• B) sell; buy
• C) buy; buy
• D) none of the above

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Definitions:

Statute of Limitations

Legal provision that sets the maximum time after an event within which legal proceedings may be initiated.

Unemployment Rates

The percentage of the labor force that is jobless and actively seeking employment.

Educational Levels

The stages or degrees of formal learning individuals obtain, ranging from primary education to higher education and beyond.

William Julius Wilson

A prominent American sociologist renowned for his research on urban sociology, race, and class in the United States.