Examlex
Consider futures on a stock market index. Which of the following scenarios is most likely to increase the futures-spot basis?
Market Wage Rate
The prevailing rate of pay for specific jobs in the labor market, typically influenced by supply and demand.
Wage Rate
The amount of remuneration offered to labor for their service per unit time.
Bushel of Corn
A standard measure, equal to 56 pounds in the U.S., used for volumes of dry commodities such as corn.
Profits
The financial gains obtained when the revenues from a business activity exceed the expenses, costs, and taxes needed to sustain the activity.
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