At Least ________ Percent of All Freight Shipped in the United

question 35

Multiple Choice

At least ________ percent of all freight shipped in the United States moves by trucks-at least part of the way-from producer to user.

• A) 20
• B) 75
• C) 15
• D) 5
• E) 10

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Definitions:

Position

In finance, a position refers to the amount of a particular asset or security that is owned by an individual or entity.

Futures Contract

A contractual arrangement to purchase or sell a specific financial instrument or commodity at a set price on a future date.

Basis

The difference between the spot price of an asset and its future price, or the cost basis of an investment.

Futures Price

The agreed price for the future delivery of assets in a futures contract.