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Trading in the futures marketa.occurs for all contracts during the normal trading hours of9:30am to 4:00pm.b.is totally automated using the electronic system supplied by theCBT.c.includes calls but no puts on futures contracts.d.is done under a system where demand and supply set the contractprice.If, as an individual investor, you want to buy a futurescontract, you can do so bya.going through a local brokerage office, just as you would for astock purchase.b.attending one of the open outcry auctions.c.putting a bid in with the Federal Reserve Bank.d.directly calling the Chicago Board of Trade (CBT) or one of theother organized commodities exchanges.Which one of the following statements concerning interest ratesis correct?a.Economic expansions will cause interest rates to decline.b.Rising interest rates in foreign countries will cause U.S.interest rates to decline.c.A decrease in the money supply will cause interest rates todecline.d.A federal budget surplus will cause interest rates todecline.