Currency Traders Expect the Value of the Dollar to Fall

question 120

Multiple Choice

Currency traders expect the value of the dollar to fall.What effect will this have on the demand for dollars and the supply of dollars in the foreign exchange market?

• A)Demand for dollars will increase,and supply of dollars will decrease.
• B)Demand for dollars will increase,and supply of dollars will increase.
• C)Demand for dollars will decrease,and supply of dollars will increase.
• D)Demand for dollars will decrease,and supply of dollars will decrease.

Grasp the significance of management's intent in the classification and reporting of investment securities.

Understand how to record investments in equity securities with significant influence (20-50% ownership) using the equity method.

Discern the differences between temporary and other-than-temporary declines in the value of investments and their accounting treatment.

Understand the ethical guidelines and practice constraints as prescribed by the ACA Code of Ethics for counselors.

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Definitions:

Near-field Communication

A set of communication protocols for communication between two electronic devices over a distance of 4 cm or less, often used for contactless transactions.

IoT

Stands for Internet of Things, which refers to the network of physical objects (things) that are embedded with sensors, software, and other technologies for the purpose of connecting and exchanging data with other devices and systems over the internet.

MiFi

A portable broadband device that allows multiple end users and mobile devices to share a 3G or 4G mobile broadband Internet connection and create an ad-hoc network.

Bluetooth

A wireless technology standard for exchanging data over short distances from fixed and mobile devices, enabling the creation of personal area networks.