The Amount of Margin Required to Enter into a Futures

question 45

True/False

The amount of margin required to enter into a futures contract is at least 50 percent of the value of the contract.

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Definitions:

Tax Liability

The total amount of tax owed to a taxing authority, such as the government, based on taxable income and tax rate.

Tax Revenue

The income that is gained by governments through taxation, used to fund public services and government obligations.

Social Security

A government program that provides financial assistance to people with inadequate or no income, primarily the elderly, disabled, and families with dependent children.

Medicare

A federal health insurance program in the United States for people age 65 and older, and for some younger people with disabilities.