If You Benefit When a Security Decreases in Value, You

question 12

Multiple Choice

If you benefit when a security decreases in value, you have a ________ position in the security.

• A)long
• B)margined
• C)short
• D)covered
• E)wrapped

---

Definitions:

Selective Perception

The process by which individuals selectively interpret what they see based on their interests, background, experience, and attitudes.

Financial Meltdown

A severe and sudden downturn in the financial markets, often characterized by the collapse of financial institutions, plummeting stock prices, and a lack of consumer confidence.

Perceptual Tendencies

The natural biases or inclinations in the way people perceive and interpret information from their environment.

Sensing

The process of receiving and interpreting information through the five senses to understand and interact with the environment.