Which of the Following Is NOT a Motivation Identified by the Authors

question 41

Multiple Choice

Which of the following is NOT a motivation identified by the authors as a function of the foreign exchange market?

• A)The transfer of purchasing power between countries.
• B)Obtaining or providing credit for international trade transactions.
• C)Minimizing the risks of exchange rate changes.
• D)All of the above were identified as functions of the foreign exchange market.

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Definitions:

Utility Function

A mathematical representation that ranks an individual's preferences for various bundles of goods, reflecting satisfaction or happiness.

Consumption

The use of goods and services by households, contributing to their well-being and satisfaction.

Leisure

Time spent away from work and other compulsory activities, used for relaxation or chosen activities.

Overtime

Additional time worked beyond the standard or scheduled working hours, often compensated at a higher pay rate.