The First Generation of Computers Relied on _______________

question 112

Multiple Choice

The first generation of computers relied on _______________.

• A) miniaturized circuits
• B) transistors
• C) vacuum tubes
• D) punch cards

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Definitions:

Margin Call

A demand by a broker that an investor deposits further cash or securities to cover possible losses on trades.

Initial Margin

The minimum amount of capital required to open a new position in a securities account.

Maintenance Margin

The minimum amount of equity that must be maintained in a margin account to avoid a margin call, expressed as a percentage of the current market value.

Rate of Return

The upward or downward movement in the value of an investment across a chosen timeframe, expressed as a percentage of the investment's initial investment.