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Advances in Technology Can Have Both Positive and Negative Impacts

question 57

Multiple Choice

Advances in technology can have both positive and negative impacts.The text refers to this as __________.


Definitions:

Simultaneous Sale

A transaction where a selling and buying operation occurs at the same time, often used in financial strategies to mitigate risk.

Stock

Represents a share in the ownership of a company and entitles its holder to a claim on part of the company's assets and earnings.

Call Option

A fiscal arrangement allowing the buyer to purchase an asset at an agreed-upon price within a certain period, without the requirement to proceed with the purchase.

Call Premium

The amount by which the price of a call option exceeds its intrinsic value, often reflecting the time value of the option.

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