Nodes Indicating Points Where an Uncertain Event Will Occur Are

question 8

Multiple Choice

Nodes indicating points where an uncertain event will occur are known as _____ nodes.

• A) decision
• B) chance
• C) marginal
• D) conditional

---

Definitions:

Thai Bhat

The currency of Thailand.

Appreciated

Describes an increase in value of an asset or currency over time, often due to economic factors.

Purchasing-Power Parity

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

Nominal Exchange Rate

How quickly one currency is swapped for another, without considering inflation adjustments.