Suppose You Buy a Futures Contract at $150

question 13

Multiple Choice

Suppose you buy a futures contract at $150.If the futures price changes to $147,what is its value an instant before it is marked-to-market?

• A)0
• B)$3
• C)-$3
• D)it is impossible to tell
• E)none of the above

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Definitions:

Negative Stimuli

Elements or conditions in the environment that cause stress or discomfort, prompting a reaction to avoid or diminish them.

Aversive Stimuli

Unpleasant or harmful stimuli that an organism seeks to avoid or escape.

Primary Reinforcer

A reinforcer that is innately satisfying; one that does not take any learning on the organism’s part to make it pleasurable.

Praise

Expression of approval, commendation, or admiration directed at an individual or group.