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What Best Explains What Futures Contract Is?

(apex) a contract setting the price and date for a commodity purchase.


What best explains what a forward contract is?

A contract to deliver a particular commodity to a buyer sometime in the future.


What best explains what a future's contract is?

A futures contract is a contract setting the price and date for a commodity purchase.


Which if the following best explains what a futures contract is?

(apex) a contract setting the price and date for a commodity purchase.


What best explains the difference between fiat money and commodity money?

Commodity money can be used for some other purpose while Fiat money can only be used as a medium of exchange.Commodity (sometimes referred to as "Hard") money is currency which is fully backed by a specie (usually a precious metal i.e. Gold, Silver, or Platinum). Fiat money is backed only by a promise of the issuing government to honor the value of the bill or coin.


What statement best explains what a futures contract is?

A futures contract is a contract setting the price and date for a commodity purchase.


Which of the following best explains how revenue is determined?

A contract to deliver a particular commodity to a buyer sometime in the future. Apexx J.Pichardo


What best explains why the law of supply and demand has an effect on labor market?

In the law of supply and demand the effect on the Labor Market is that labor is a commodity.Labor is a commodity


Which is best equity market or commodity market?

If you're an investor, the equities market is best. It's way too easy to lose a lot of money investing in the commodities market. If you're a company that uses a commodity, then the commodities market is best.


What best explains why the money is increased when Fed buys treasury bonds?

There is no following provided?


Which of following best explains what happens in the currency exchange market?

Money is bought and sold using other types of money


Best explains why a bondholder is similar to a bank?

Bondholders loan money to bond issuers just as banks loan money to customers.