A Dealer in British Pounds Who Thinks That the Pound

question 93

Multiple Choice

A dealer in British pounds who thinks that the pound is about to depreciate

• A)may want to widen his bid-ask spread by raising his ask price and lowering his bid.
• B)may want to lower both his bid price and his ask price.
• C)may want to lower his ask price while raising his bid.
• D)none of the options

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Definitions:

Heights

Refers to the measurement of vertical length, either of an individual or object, typically measured from base to top.

Weights

Numeric values assigned to data points or features in statistical and machine learning models, usually to indicate their importance.

Correlation

A metric that demonstrates the degree to which multiple variables co-vary.

Kilograms

A unit of mass in the metric system equal to 1000 grams, commonly used worldwide for measuring weight.