Which of the Following Is NOT True of the Foreign-Exchange

question 74

Multiple Choice

Which of the following is NOT true of the foreign-exchange market?

• A) It is an over-the-counter market.
• B) Most foreign-exchange trading takes place in London.
• C) The busiest trading time is morning east coast time, when markets in New York and London are both open.
• D) Trading volume worldwide exceeds $1 trillion per day.

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Definitions:

Partial Reinforcement

A conditioning schedule in which a response is reinforced only some of the time, leading to more resistant behavior to extinction.

Variable Ratio

Variable ratio is a schedule of reinforcement where a response is reinforced after an unpredictable number of responses, making it highly effective in maintaining behavior after it has been learned.

Tobacco Use

The act of consuming tobacco products, including smoking cigarettes, cigars, or using smokeless tobacco.

Carbohydrate Diet

A diet that mainly consists of foods high in carbohydrates, such as grains, fruits, and vegetables.