To Eliminate the Need to Continually Monitor Currency Exchange Rates

question 202

Multiple Choice

To eliminate the need to continually monitor currency exchange rates, 16 of the countries in the European Union (EU) have adopted a common currency, which is called the

• A) pound.
• B) franc.
• C) euro.
• D) mark.
• E) dollar.

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Definitions:

Safety Needs

Refers to the psychological and physical security requirements that are considered essential for an individual's well-being and survival.

Social Needs

Fundamental human requirements for belonging, love, and affection that motivate behavior and influence social interactions and relationships.

Esteem Needs

According to Maslow's hierarchy of needs, these are the fourth level of human needs, involving respect, self-esteem, and recognition from others.

Self-Actualization

The realization or fulfillment of one’s talents and potentialities, considered as a drive or need present in everyone.