The Nominal Exchange Rate,e,is Defined as the Number of Units

question 68

Multiple Choice

The nominal exchange rate,e,is defined as the number of units of

• A) domestic goods relative to the number of units of foreign goods.
• B) foreign goods relative to the number of units of domestic goods.
• C) the foreign currency that the domestic currency will buy.
• D) the domestic currency that a foreign currency will buy.
• E) exported relative to the number of units imported.

---

Definitions:

Cash Concentration

A treasury management strategy where a company consolidates its cash balances into one account to optimize liquidity and manage its cash more efficiently.

Main Bank Account

The primary checking or savings account used by an individual or business for managing their daily financial transactions and cash flow.

Multiple Accounts

Refers to having more than one account, often in financial or online contexts, to manage different aspects.

Disbursement Float

The time delay between when a check is written and when it is actually deducted from the payer's account.