The Current Exchange Rate Is £1

question 81

Multiple Choice

The current exchange rate is £1.00 = $2.00.Compute the correct balances in Bank A's correspondent account(s) with Bank B if a currency trader employed at Bank A buys £45,000 from a currency trader at Bank B for $90,000 using its correspondent relationship with Bank B.

• A)Bank A's dollar-denominated account at B will rise by $90,000.
• B)Bank B's dollar-denominated account at A will fall by $90,000.
• C)Bank A's pound-denominated account at B will rise by £45,000.
• D)Bank B's pound-denominated account at A will rise by £45,000.

Comprehend the different stages of the research process and the importance of each.

Distinguish between primary and secondary data and their uses in sociological research.

Define and differentiate among various types of surveys and their applications.

Describe the concept of population in sociological research and identify the appropriate population for a study.

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Definitions:

Recurrent

Occurring repeatedly or periodically. This can refer to events, phenomena, or conditions that happen over and over again.

Daily Life

Activities and experiences that constitute a person's regular routine and existence.

Biological Views

Perspectives in science that emphasize the importance of physiological and genetic factors in understanding human behavior and mental processes.

Genetically Predisposed

Having a higher likelihood of developing certain traits or diseases based on inherited genetic factors.