The Belief That Explanations of Phenomena Should Remain Simple Until

question 68

Multiple Choice

The belief that explanations of phenomena should remain simple until the simple explanations are no longer valid is known as the

• A) error variability.
• B) asymptotic principle.
• C) principle of parsimony.
• D) placebo principle.

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Definitions:

Domestic Bonds

Bonds issued by a government or corporation within its own country and usually denominated in the country's own currency.

Trading Floor

The physical or electronic space where traders buy and sell securities, such as stocks or futures, in financial markets.

Foreign Exchange Market

A global decentralized or over-the-counter market for trading currencies, determining the foreign exchange rates for every currency.

Triangle Arbitrage

A riskless profit strategy that takes advantage of discrepancies between three foreign currencies in the forex market.