Furthermore, secured claims and administrative expense claims are paid ahead of unsecured claims. To make matters a bit more Â­confusing, Section 364(c)(1) provides that certain Â­super-priority claims are to be paid even Â­before administrative expense claims.
The market price of a commodity that is quoted in the news is often the market futures price for that respective commodity. As with equity securities, a commodities futures price is determined primarily by the supply and demand for the commodity in the market. For example, let's look at oil. If the supply of oil increases, the price of one barrel of oil will decrease.
View Full Document. 3. Suppose that this yearâs money supply is $500 billion, nominal GDP is $10 trillion, and real GDP is $5 trillion. a) What is the price level? What is the velocity of money? Recall our QuanTty EquaTon: V*M = P*Y Where V = velocity of money, M = quanTty of money, P = price level, & Y = quanTty of output.