You Have Done the Following Deals in Spot USD/JPY: Sold

question 171

Multiple Choice

You have done the following deals in spot USD/JPY: Sold USD 5.0 million at 130.60 Bought USD 3.5 million at 130.20 Bought USD 2.0 million at 130.50 Sold USD 2.0 million at 130.55 What is your net position and average rate?

• A) Short USD 1.5 million at 130.46
• B) Long USD 1.5 million at 130.46
• C) Short USD 1.5 million at 131.60
• D) Long USD 1.5 million at 131.60

Analyze the validity of arguments based on the relationship between premises and conclusion, regardless of the type of syllogism.

Identify implicit propositions in complex arguments (extended arguments).

Understand the role of true premises and valid steps in determining the validity of an argument.

Explore different ways of formalizing propositions that use quantifiers like always, sometimes, never, etc.

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Definitions:

Demand Curve

A visual depiction showing how the quantity of a product demanded is related to its price.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a specific price, holding all else constant.

Demand Curve

A graphical representation showing the relationship between the price of a good or service and the quantity demanded by consumers over a range of prices.

Upward-Sloping

Characteristic of a curve on a graph that demonstrates an increase in one variable as another variable increases, often seen in supply curves.