,ECS3701 Assignment 1 QUIZ (COMPLETE
ANSWERS) Semester 1 2025 - DUE March 2025;
100% TRUSTED Complete, trusted solutions and
explanations.
MULTIPLE CHOICE,ASSURED EXCELLENCE
Question 1 Complete CBM mark 2.00 Weight 2.00 Hedging
refers to: a. foreign exchange arbitrage b. the acceptance of a
foreign exchange risk c. the avoidance of a foreign exchange risk
d. foreign exchange speculation Certainty@ : —C=1 (Unsure:
<67%) C=2 (Mid: >67%) C=3 (Quite sure: >80%) Your answer is
correct. You did not select a certainty. Assuming: C=1 (Unsure:
<67%).
Question 2 Complete CBM mark 2.00 Weight 2.00 The relative
PPP theory gives better results: a. the greater is the level of
commodity aggregation b. in the long run than in the short run
c. intests including developed and developing countries d. when
structural changes take place Certainty@ : —C=1 (Unsure:
<67%) C=2 (Mid: >67%) C=3 (Quite sure: >80%) Your answer is
correct. You did not select a certainty. Assuming: C=1 (Unsure:
<67%).
Question 3 Complete CBM mark 2.00 Weight 2.00 The marginal
propensity to import measures: a. the ratio of income to
imports b. the change in imports over the change in income c.
the change in income over the change in imports d. the ratio of
imports to income Certainty@ : —C=1 (Unsure: <67%) C=2
, (Mid: >67%) C=3 (Quite sure: >80%) Your answer is correct. You
did not select a certainty. Assuming: C=1 (Unsure: <67%).
Question 4 Complete CBM mark 0.00 Weight 2.00 Which is false
regarding the double-entry bookkeeping a. All ofthe above b. It
usually leads to a statistical discrepancy c. Each transaction is
entered twice with equal values d. It should lead to the balance
of net borrowing and net lending in all the accounts Certainty@
: —C=1 (Unsure: <67%) C=2 (Mid: >67%) C=3 (Quite sure: >80%)
Your answer is incorrect. You did not select a certainty.
Assuming: C=1 (Unsure: <67%).
Question 5 Complete CBM mark 2.00 Weight 2.00 A
depreciation of a nation's currency is: a. inflationary for the
nation b. any of the above c. deflationary for the nation
Certainty@ : —C=1 (Unsure: <67%) C=2 (Mid: >67%) C=3 (Quite
sure: >80%) Your answer is correct. You did not select a
certainty. Assuming: C=1 (Unsure: <67%).
Hedging refers to: b. the acceptance of a foreign exchange risk
The relative PPP theory gives better results: b. in the long run
than in the short run
The marginal propensity to import measures: b. the change in
imports over the change in income
Regarding double-entry bookkeeping, the false statement is: d.
It should lead to the balance of net borrowing and net lending
in all the accounts
ANSWERS) Semester 1 2025 - DUE March 2025;
100% TRUSTED Complete, trusted solutions and
explanations.
MULTIPLE CHOICE,ASSURED EXCELLENCE
Question 1 Complete CBM mark 2.00 Weight 2.00 Hedging
refers to: a. foreign exchange arbitrage b. the acceptance of a
foreign exchange risk c. the avoidance of a foreign exchange risk
d. foreign exchange speculation Certainty@ : —C=1 (Unsure:
<67%) C=2 (Mid: >67%) C=3 (Quite sure: >80%) Your answer is
correct. You did not select a certainty. Assuming: C=1 (Unsure:
<67%).
Question 2 Complete CBM mark 2.00 Weight 2.00 The relative
PPP theory gives better results: a. the greater is the level of
commodity aggregation b. in the long run than in the short run
c. intests including developed and developing countries d. when
structural changes take place Certainty@ : —C=1 (Unsure:
<67%) C=2 (Mid: >67%) C=3 (Quite sure: >80%) Your answer is
correct. You did not select a certainty. Assuming: C=1 (Unsure:
<67%).
Question 3 Complete CBM mark 2.00 Weight 2.00 The marginal
propensity to import measures: a. the ratio of income to
imports b. the change in imports over the change in income c.
the change in income over the change in imports d. the ratio of
imports to income Certainty@ : —C=1 (Unsure: <67%) C=2
, (Mid: >67%) C=3 (Quite sure: >80%) Your answer is correct. You
did not select a certainty. Assuming: C=1 (Unsure: <67%).
Question 4 Complete CBM mark 0.00 Weight 2.00 Which is false
regarding the double-entry bookkeeping a. All ofthe above b. It
usually leads to a statistical discrepancy c. Each transaction is
entered twice with equal values d. It should lead to the balance
of net borrowing and net lending in all the accounts Certainty@
: —C=1 (Unsure: <67%) C=2 (Mid: >67%) C=3 (Quite sure: >80%)
Your answer is incorrect. You did not select a certainty.
Assuming: C=1 (Unsure: <67%).
Question 5 Complete CBM mark 2.00 Weight 2.00 A
depreciation of a nation's currency is: a. inflationary for the
nation b. any of the above c. deflationary for the nation
Certainty@ : —C=1 (Unsure: <67%) C=2 (Mid: >67%) C=3 (Quite
sure: >80%) Your answer is correct. You did not select a
certainty. Assuming: C=1 (Unsure: <67%).
Hedging refers to: b. the acceptance of a foreign exchange risk
The relative PPP theory gives better results: b. in the long run
than in the short run
The marginal propensity to import measures: b. the change in
imports over the change in income
Regarding double-entry bookkeeping, the false statement is: d.
It should lead to the balance of net borrowing and net lending
in all the accounts
