Which One of the Following Statements Is Correct

question 9

Multiple Choice

Which one of the following statements is correct?

• A) Exchange rates are adjusted each morning and held constant until the next morning.
• B) The four most common currencies traded in the foreign exchange market are the U.S. dollar, franc, euro, and peso.
• C) All of South America uses the peso as their currency.
• D) New Zealand uses the same currency as Australia and that is the A$.
• E) The foreign exchange market is the largest financial market in the world.

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A collection of related data points, values, or pieces of information that are grouped together for analysis.

Modal Ethnicity

The most frequently occurring ethnicity within a given population or dataset.

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Median

The value separating the higher half from the lower half of a data sample, a population, or a probability distribution.