An Agreement Made Today That Sets Both the Exchange Rate

question 12

Multiple Choice

An agreement made today that sets both the exchange rate and the quantity of currency that will be traded at some point in the future is called a ________ trade.

• A)spot
• B)floating
• C)swap
• D)triangle
• E)forward

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Definitions:

Contingency Management

A type of behavioral therapy where certain behaviors are reinforced by providing or withholding rewards.

Primary Reinforcer

A naturally reinforcing stimulus, such as food or water, that satisfies a basic biological need without prior learning.

Variable-interval Schedule

A reinforcement schedule in which the first response is rewarded after a variable amount of time has passed.

Token Economies

A behavioral modification system used in various settings where individuals earn tokens for exhibiting desired behaviors, which can later be exchanged for rewards.