Which of the Following Statements Is True

question 60

Multiple Choice

Which of the following statements is true?

• A)Conceptually, an FX rate will appreciate in value relative to other currencies when demand is low.
• B)Conceptually, an FX rate will appreciate in value relative to other currencies when supply is high.
• C)Conceptually, an FX rate will depreciate in value relative to other currencies when demand is low.
• D)Conceptually, an FX rate will appreciate in value relative to other currencies when supply is low.

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Definitions:

Irrational Impulses

Actions or decisions made without logical reasoning, often driven by emotions.

Dreams

A series of thoughts, images, and sensations occurring in a person's mind during sleep, often reflecting unconscious desires and concerns.

Argument From Design

An argument for the existence of God based on an analogy between man-made objects and natural objects.

Richard Dawkins

A British evolutionary biologist and author, known for his work on gene-centered view of evolution and for being a prominent atheist.