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Since Futures Contracts Are "Marked-To-Market" Daily,the Gains and Losses Are

question 32

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Since futures contracts are "marked-to-market" daily,the gains and losses are settled daily.


Definitions:

Prestige

The respect, admiration, or perceived social status that a person, organization, or concept holds.

Milgram Study

A series of social psychology experiments conducted by Stanley Milgram, which aimed to measure the willingness of participants to obey an authority figure who instructed them to perform acts conflicting with their personal conscience.

Obedience

The act of following orders or complying with instructions, rules, or laws imposed by authorities.

Cognitive Dissonance

The psychological stress experienced when a person holds two conflicting thoughts, beliefs, attitudes, or values.

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