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Which of the following does not illustrate the use of heuristics?
S&P 500 Futures
Financial contracts that speculate on the future value of the S&P 500 index, allowing investors to predict and hedge against market movements.
Position
An investment holding or the amount of a particular security, commodity, or currency that an investor owns or has contracted to buy or sell.
Stock Index Futures
Are futures contracts where the underlying is a stock index, and they are used by investors to speculate on the future direction of the index's price or to hedge against potential index movements.
Multiplier
An economic factor that quantifies the effect of a change in one economic variable on another, for instance, how government spending affects national income.
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