Mick Works for a Company as a Financial Analyst from Home

question 43

Multiple Choice

Mick works for a company as a financial analyst from home using information technology.He does not work in a traditional physical workplace.This trend is known as:

• A)deep-level diversity.
• B)work-life balance.
• C)virtual work.
• D)surface-level diversity.
• E)frictional unemployment.

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Definitions:

Currency Futures

Standardized contracts to buy or sell a specific currency at a future date and at a predetermined price on the foreign exchange market.

Commodity Futures

Financial contracts obligating the buyer to purchase an asset or the seller to sell an asset, like a physical commodity or a financial instrument, at a predetermined future date and price.

Interest Rate Parity

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

Arbitragers

Traders who buy and sell assets, such as stocks or commodities, in different markets or forms to profit from differing prices for the same asset.