Speculators Play an Important Role in a System of Floating

question 52

Multiple Choice

Speculators play an important role in a system of floating exchange rates because

• A)to make a profit, they must buy a currency when its value is low and sell it when its value is high.
• B)their purchases and sales lead to wild gyrations in exchange rates and thus increase instability.
• C)they place additional risks on businesses that need to purchase and sell foreign currency.
• D)All of the above are correct.

Understand the significance of family and emotional health in relationship-building through communication.

Comprehend the encoding and decoding processes in communication.

Differentiate between various forms of communication (interpersonal, impersonal, intrapersonal, etc.).

Recognize the role of social support in the health and wellbeing of individuals.

---

Definitions:

Legitimate Right

A recognized or sanctioned entitlement or authority within a social or legal framework.

Wield Power

To have control or authority over others, often used in the context of politics, leadership, or social influence.

Authority

The power or right to give orders, make decisions, and enforce obedience.

Social Institutions

Systems and structures within society that shape the activities of groups and individuals.