Any Decrease in Supply for Foreign Exchange, Other Things Constant

question 133

Multiple Choice

Any decrease in supply for foreign exchange, other things constant, will _____

• A) increase the number of foreign exchange units required to purchase dollars.
• B) decrease the number of dollars required to purchase one unit of foreign exchange.
• C) cause the dollar to appreciate.
• D) cause the foreign currency to depreciate.
• E) have no effect.

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Definitions:

Integrity

The quality of being honest and having strong moral principles; moral uprightness.

Beneficence

A principle in ethics that refers to the act of doing good or providing benefits to others.

Confidentiality

The ethical and often legal duty to protect personal information from unauthorized disclosure.

Family Violence

Acts of violence and abuse among family members, including physical, emotional, and sexual abuse.