The following table represents the net set of trades made by a number of investors on a given day.
Given this information, what is the open interest in the market above?
Definitions:
Average Tax Rate
The proportion of total income paid in taxes, calculated by dividing the total tax amount by the taxable income.
Marginal Tax Rate
The rate at which the last dollar of income is taxed, representing the increment in tax paid for an increment in income.
City Wage Tax
A local tax imposed on individuals who work in a city, calculated as a percentage of their wages or salaries.
Proportional
Describes a relationship where changes in one variable cause changes in another variable at a constant ratio or rate.
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