USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

question 25

Multiple Choice

USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
December futures on the S&P 500 stock index trade at 250 times the index value of 1187.70. Your broker requires an initial margin of 10 percent on futures contracts. The current value of the S&P 500 stock index is 1178.
-Refer to Exhibit 15.14. How much must you deposit in a margin account if you wish to purchase one contract?

• A) $267,232.5
• B) $29,450
• C) $29,692.50
• D) $30,000
• E) $265,050

Recognize the influence of social and cultural factors on perception and decision-making.

Explore various psychological and social influence techniques, including the lowball technique, reciprocity norm, and foot-in-the-door technique.

Understand the concepts of prejudice, discrimination, and ethnocentrism, and how attitudes towards in-groups and out-groups are formed and maintained.

Identify the impact of attributions on people's perceptions of others, including the fundamental attribution error.

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Definitions:

Difference Threshold

The minimal change in stimulation that an individual can detect 50% of the time, also known as the just noticeable difference (JND).

Subliminal Perception

The processing of information by sensory systems without a person's conscious awareness.

Advertising

The activity or profession of producing advertisements for commercial products or services.

Average Threshold

The mean value of sensory input strength required for an organism to detect or respond to a stimulus.