As a Result of Cold Currents, July SST's Are Coldest

question 40

Multiple Choice

As a result of cold currents, July SST's are coldest

• A) along the equator.
• B) along the axis of the Atlantic Ocean.
• C) on the east coasts of continents.
• D) on the west coasts of continents.

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Definitions:

Hedge

Investment protection method utilized to reduce the potential for financial loss by offsetting price movements in a related asset.

Futures Contracts

Futures Contracts are legal agreements to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future, widely used for hedging and speculative purposes.

Bushels

A unit of volume that is commonly used in agriculture, especially for measuring grains.

Interest Rates

The proportion of a loan or savings amount that is charged as interest to the borrower, typically expressed as an annual percentage.