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mafiozo [28]
3 years ago
14

It is common practice among currency traders worldwide to both price and trade currencies against the U.S. dollar. Consider a cu

rrency dealer who makes a market in 5 currencies against the dollar. If he were to supply quotes for each currency in terms of all of the others, how many quotes would he have to provide?
Business
1 answer:
VLD [36.1K]3 years ago
3 0

Answer:

It is common practice among currency traders worldwide to both price and trade currencies against the U.S. dollar. If a currency dealer who makes a market in 5 currencies against the dollar. If he were to supply quotes for each currency in terms of all of the others, he would have to provide 30 different quotes. There are 6 total currencies including U.S. dollar, therefore, he would be providing 5 different quotes for one single currency, therefore, to provide quotes for 6 currencies, he would have to provide 30 different quotes as six multiplied by 5 comes 30.

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Answer:

Key ideas:

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  • Will have some influence in politics.
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Explanation:

Monopoly refers to the state when there is only one company controlling the flow of products, therefore controlling the prices of it. There are a lot of examples of monopoly in the contemporary era such as AB Inbev, but it doesn't mean that it is totally a modern concept. Monopoly existed even in history take for example the case of Carnegie steel mills or the issue of railroads.

When one company possess such power that it can control the price, it can badly damages the interest of other investors and consumers. But the reason they create a monopoly is that they have heavy influence in politics. That is how they turn up the decisions to their own benefits. And monopolies always try to create hurdles for new investors to get in the market. Because they are charging whatever they want due to no competition, as soon as new competition arrive it will challenge the monopoly which it can't take.

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ExtremeBDS [4]

The correct answer for the for loop is:

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Write a for loop that prints, in ascending order, all the positive integers less than 200 that are divisible by both 2 and 3, separated by spaces.

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