A Person's Conception of How He/she Would Like to Be

question 18

Multiple Choice

A person's conception of how he/she would like to be is called ________.

• A) self-image
• B) ideal self
• C) self-concept
• D) self-esteem

---

Definitions:

Forward Rate

The agreed-upon exchange rate for a currency transaction that will occur at a future date.

Forward Contract

A financial agreement to buy or sell an asset at a future date at a price established at the outset, used to hedge against price fluctuations.

Spot Rate

The current market price at which a currency can be bought or sold for immediate delivery and payment.

Forward Rate

A financial term describing the agreed-upon exchange rate for currencies to be exchanged at a future date between parties.