Futures on such things as cattle, wheat, or oil are called ______ futures.
A) financial
B) real
C) commodity
D) asset backed
E) limit

Name: Futures on such things as cattle, wheat, or oil are called ______ futures. A) financial B) real C) commodity D) asset backed E) limit
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Question

Quizplus · Accepted Answer

Futures on specific commodities such as cattle, wheat, or oil are known as commodity futures. This is because they are based on the supply and demand dynamics of a specific physical commodity rather than a financial instrument.

Futures on Such Things as Cattle, Wheat, or Oil Are