41.______Hedger seek to ______ while speculators ______. (BEST Answer!)

a. lay off risk.take on risk.

b. take on risklay off risk.

c. do gooddo evil.

d. do evildo good.

e. lose money.make money.

42._____Which are more numerous?

a. hedgers

b. speculators.

43._____If all futures settled in cash it would

a. spoil the fun.

b. have a huge impact on the futures markets and the functions they performs.

c. have no discernible impact on the futures markets and the functions they perform.

d. necessitate the complete elimination of open outcry.

e. result in the futures markets being little more than gambling casinos.

44._____According to your instructor and most astute observers, the reason that all futures dont settle in cash is because

a. an informed public would decry futures markets as little more than gambling casinos for rich guys.

b. an uninformed public would decry futures markets as little more than gambling casinos for rich guys.

c. it would vastly complicate the process of settling trades.

d. all of the above.

e. more than one, but not all, of the above.

45._____The most active futures contracts are ______ futures.

a. agricultural

b. energy

c. financial

d. dark

e. bright