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When a Position Is First Taken in a Futures Contract

question 50

Multiple Choice

When a position is first taken in a futures contract, the investor must deposit a ________ dollar amount per contract as specified by the exchange. This amount, called ________, is required as a deposit for the contract.


Definitions:

Primary Auditory Cortex

The region of the brain located in the temporal lobe that is responsible for processing auditory information.

Sensory Information

Data received by the sensory organs, such as eyes and ears, and processed by the brain.

Parietal Lobe

A region of the cerebral cortex involved in processing sensory information from various parts of the body, understanding spatial orientation, and managing language and mathematics.

Wernicke's Area

A region of the brain important for language comprehension, located in the temporal lobe.

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