What Role Does Simplification Play in the Design Process

question 57

Essay

What role does simplification play in the design process?

---

Definitions:

Swedish Krona

Sweden's recognized currency, abbreviated SEK.

Unbiased Forward Rates

Interest rates or currency exchange rates determined through analysis that are unaffected by expectations or speculation about future events.

Forward Exchange Rate

The agreed-upon exchange rate for a currency to be exchanged on a future date.

Spot Exchange Rate

The current exchange rate at which one currency can be exchanged for another for immediate delivery.