Holly kombs, a speculator, expects interest rates to decline in the near future. thus, she purchases a call option on interest rate futures with an exercise price of 92-10. the premium on the call option is 2-24. just before the expiration date, the price of treasury bond futures is 97-14. at this time, kombs decides to exercise the option and closes out the position by selling an identical futures contract.
a) true
b) false

How do primary and secondary industries differ

1) u.s. real gdp is substantially higher today than it was 60 years ago. what does this tell us, and what does it not tell us, about the well-being of u.s. residents? what are the limitations of the gdp as a measure of economic well-being? given the limitations, why is gdp usually regarded as the best single measure of a society’s economic well-being? 2) what is an intermediate good? how does an intermediate good differ from a final good? explain why it is the case that the value of intermediate goods produced and sold during the year is not included directly as part of gdp, but the value of intermediate goods produced and not sold is included directly as part of gdp.

Which statement best explains the relationship between points a and b? a. consumption reaches its highest point, and then supply begins to fall. b. inflation reaches its highest point, and then the economy begins to expand. c. production reaches its highest point, and then the economy begins to contract. d. unemployment reaches its highest point, and then inflation begins to decrease.