In the Interbank Market for Foreign Exchange,the ____ Refers to the Price

question 79

Multiple Choice

In the interbank market for foreign exchange,the ____ refers to the price that a bank is willing to pay for a unit of foreign currency.

• A) Offer rate
• B) Bid rate
• C) Spread rate
• D) Transaction rate

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Definitions:

Group Cohesion

The bond or sense of unity among members of a group, characterized by mutual support and shared goals.

Cliques

Small groups that range from 2 to about 12 individuals and average about 5 or 6 individuals. Cliques can form because of friendship or because individuals engage in similar activities, and members usually are of the same sex and about the same age.

Delinquent Behavior

Actions that violate social norms or laws, especially by young people.

Early Sexual Behavior

Engagement in sexual activities at a younger-than-average age, which may have implications for health, well-being, and social relationships.