Which of the Following Is Not a Reason Why Residents

question 159

Multiple Choice

Which of the following is not a reason why residents of other countries desire to acquire dollars?

• A)foreigners need dollars to purchase U.S.goods and services
• B)dollars can be used as a safe way of storing value when the foreigner's own currency is unstable
• C)dollars are accepted as an international medium of exchange
• D)dollars can be used for cash gifts from foreigners to U.S.friends and relatives
• E)dollars are the only currency accepted in international transactions

---

Definitions:

Platinum Suites

High-end accommodations or software packages superior to gold suites, offering the highest level of luxury or features.

Price/Demand Elasticity

The measure of how much the demand for a product or service changes in response to a change in its price.

Reduced Gradient

A numerical optimization method that calculates the direction in which an objective function should be modified to achieve the quickest improvement, considering constraints as gradients as well.

Nonlinear Optimization

The process of maximizing or minimizing an objective function that is nonlinear in its variables, subject to constraints.