If a Currency's Spot Rate Market Is ____, Its Exchange

question 20

Multiple Choice

If a currency's spot rate market is ____, its exchange rate is likely to be ____ to a single large purchase or sale transaction.

• A)liquid; highly sensitive
• B)illiquid; insensitive
• C)illiquid; highly sensitive
• D)none of the above

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Definitions:

Americans

Individuals who are citizens of the United States, encompassing a diverse range of cultural, ethnic, and racial backgrounds.

Widely Used Drug

A substance that is frequently consumed or applied for its medicinal, recreational, or performance-enhancing effects.

United States

A country in North America composed of 50 states, a federal district, five major self-governing territories, and various possessions, known for its diverse geography and culture.

Structural Disadvantage

Circumstances where social structures limit opportunities and outcomes for certain groups based on factors like race, class, or gender.