A Short Position in a Currency Is

question 25

Multiple Choice

A short position in a currency is:

• A)a contract to buy that currency at some point in the future.
• B)a contract to sell that currency at some point in the future.
• C)an option to buy that currency at some point in the future.
• D)an option to sell that currency at some point in the future.

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Definitions:

Punishment

A response aimed at reducing undesirable behavior by imposing negative consequences.

Abnormal Behavior

Actions, thoughts, or emotions that are unusual within a person’s own culture, cause personal distress, or interfere with a person’s ability to function in daily life.

Operant Conditioning

A method of learning that occurs through rewards and punishments for behavior, which increases or decreases the likelihood of a behavior being repeated.

Classical Conditioning

A learning mechanism in which a neutral stimulus becomes associated with an innately meaningful stimulus and acquires the capacity to elicit a similar response.