Hedging is the process in which derivatives are used to reduce risk exposure.
<h3>What is hedging?</h3>
Hedging is a strategy that is used to limit risks attached to financial assets.
It is management strategy requires buying or selling an investment to potentially reduce the risk of adverse changes in price.
Therefore, the process in which derivatives are used to reduce risk exposure is hedging.
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Explanation:
The per capita income can not reflect the true state of economic development because if the income of a particular group have increased or have become rich and the income of other groups remain the same, it will reflect an increase in the per capita income.
Answer:
Option D
Explanation:
The Supreme Court is the highest tier of the Judicial system which is tasked with interpreting the meaning of law in the United States or any democratic nations because such court is the final arbiter of the law, it is saddled with the task to decide whether a law is relevant to a particular set of facts, or to rule on how a law should be applied and likewise ensuring equal justice under law and, thereby, also functions as guardian and interpreter of the Constitution dealing with the interpretation of the constitution as stipulated by the framer of the constitution. So, it's of the essence to note that the legislative branch of government makes and passes laws i.e to legislate and oversight. Congress is an example of the legislature. The executive branch of government enforces laws and the bureaucracy makes regulations.
<em>According to the Constitution, the Supreme Court is saddled with the responsibility of interpreting the law</em>
<span>“Black Tuesday” </span>October 29, 1929 – 1941
They were encountered and sold to slavery
