Any Decrease in the Demand for Foreign Exchange, Other Things

question 51

Multiple Choice

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

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

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Definitions:

Organization

An arranged group of people with a particular purpose, such as a business or government department.

Orientation

An introductory phase or process designed to acquaint new employees with the workplace, its policies, and procedures.

Job Assessment

The evaluation of a job's responsibilities, requirements, and importance within an organization to determine appropriate compensation, classification, and staffing needs.

Work Units

Refers to the divisions within a workplace or the smallest identifiable groups working towards a common goal.