Which Statement Is True About Backtracking

question 12

Multiple Choice

Which statement is true about backtracking?

• A)Backtracking starts with a partial solution and builds it up to get closer to the goal.
• B)Backtracking never abandons a partial solution.
• C)Backtracking starts from the end of the program and works backward to the beginning.
• D)Backtracking explores only one path toward a solution

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Definitions:

Future Spot Rate

The anticipated price of an asset at a future date in a spot transaction, which involves the immediate settlement of the transaction.

Spot Rate

The present market value at which a specific currency can be purchased or exchanged for instant delivery.

Interest Rate Parity

A theory stating that the difference in interest rates between two countries is equal to the difference between the forward exchange rate and the spot exchange rate.