Which of the Following Is a Difference Between the Judgements

question 49

Multiple Choice

Which of the following is a difference between the judgements made at preconventional level and the judgements made at postconventional level of reasoning?​

• A) Unlike the judgements made at the preconventional level, judgements made at the postconventional level are based on the consequences of behavior.
• B) Unlike the judgements made at the preconventional level, judgements made at the postconventional level are found in adolescents and adults.
• C) Unlike the judgements made at the postconventional level, judgements made at the preconventional level is based on a person's own moral standards.
• D) Unlike the judgements made at the postconventional level, judgements made at the preconventional level are mostly found in children above 10 years old.

Grasp the concept of hedging with futures and its applications in various industries.

Understand the concept of basis in futures contracts and basis risk.

Know the entities responsible for guaranteeing futures contracts and their fulfillment.

Identify factors not specified in a futures contract.

---

Definitions:

Exchange Rate

The rate at which one currency can be exchanged for another, typically used in international trade and finance.

Purchasing-Power Parity

An economic theory that compares different countries' currencies through a "basket of goods" approach to determine the relative value of each currency.

Nominal Exchange Rates

The speed at which one form of money is traded for a different type of money, without taking inflation into account.

Price Levels

A broad measurement of the current price average for goods and services in the economy.