Considering Each Hemisphere as a Whole,seasonal Temperature Variation in the Southern

question 13

Multiple Choice

Considering each hemisphere as a whole,seasonal temperature variation in the Southern Hemisphere is ____ that in the Northern Hemisphere.

• A) greater than
• B) about the same as
• C) less than

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Definitions:

Digital Option

A financial instrument that provides a fixed return if the market price is above (for a call) or below (for a put) a certain level at expiration.

Bull Money Spread

A type of options strategy that is used when an investor expects a moderate rise in the price of the underlying asset.

Calls

Calls are options contracts giving the holder the right, but not the obligation, to buy a specified amount of an underlying security at a predetermined price within a specified time frame.

Option Quotes

Information about the price of an option contract, including its bid and ask prices, and sometimes the volume and open interest.