Bits Are Grouped into 8-Bit Chunks Called ________

question 34

Multiple Choice

Bits are grouped into 8-bit chunks called ________.

• A) switches
• B) strings
• C) bytes
• D) kilobytes
• E) nibbles

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Definitions:

Interest Rate Parity

A financial theory stating the difference in interest rates between two countries is equal to the expected change in exchange rates between their currencies.

Forward Contract

An agreement to buy or sell an asset at a future date for a price agreed upon today, without the standardization of futures contracts.

Exchange Rate Risk

The potential for investors to experience losses due to changes in the exchange rate between two currencies.

Short-term

This term usually refers to a period of time less than one year, often used in the context of finance for investments or liabilities.