Which of the Following Describes the Way the Futures Price

question 7

Multiple Choice

Which of the following describes the way the futures price of a foreign currency is quoted?

• A) The number of U.S. dollars per unit of the foreign currency
• B) The number of the foreign currency per U.S. dollar
• C) Some futures prices are always quoted as the number of U.S. dollars per unit of the foreign currency and some are always quoted the other way round
• D) There are no quotation conventions for futures prices

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Definitions:

Parkinson Disease

Parkinson disease is a degenerative neurological disorder characterized by motor symptoms such as tremors, stiffness, and slowness of movement due to the loss of dopamine-producing brain cells.

Multiple Sclerosis

A chronic autoimmune disease where the immune system attacks the protective covering of the nerves, leading to impaired brain and spinal cord function.

Major Depression

Mood disorder characterized by prolonged feelings of worthlessness and guilt, disruption of normal eating habits, insomnia, a general slowing of behavior, and frequent thoughts of suicide.

Concordance Rate

The likelihood of two individuals sharing a trait or disorder, often used in twin studies to explore genetic vs. environmental influences.