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NEW QUESTION: 1
Your company has a Microsoft 365 subscription.
You have a team that uses the following dynamic rule.

Which user will be included in the group?
A. A member user in a department named Marketing/Sales that has the country attribute set to US.
B. A member user in a department named Marketing Division that has the country attribute set to USA.
C. A guest user in a department named Global Sales that has the country attribute set to USA.
D. A guest user in a department named US Marketing Division that has the country attribute set to US.
Answer: D
Explanation:
https://docs.microsoft.com/en-us/azure/active-directory/users-groups-roles/groups-dynamic-membership

NEW QUESTION: 2
Also the Emperor became more and more excited with curiosity, and with great suspense one awaited the
hour, when according to mask-law, each masked guest must make himself known. This moment came,
but although all other unmasked; the secret knight still refused to allow his features to be seen, till at last
the Queen driven by curiosity, and vexed at the obstinate refusal; commanded him to open his Vizier. He
opened it, and none of the high ladies and knights knew him. But from the crowded spectators, two
officials advanced, who recognized the black dancer, and horror and terror spread in the saloon, as they
said who the supposed knight was. It was the executioner of Bergen. But glowing with rage, the King
commanded to seize the criminal and lead him to death, who had ventured to dance, with the queen; so
disgraced the Empress, and insulted the crown. The culpable threw himself at the Emperor, and said:
"Indeed I have heavily sinned against all noble guests assembled here, but most heavily against you my
sovereign and my queen. The Queen is insulted by my haughtiness equal to treason, but no punishment
even blood, will not be able to wash out the disgrace, which you have suffered by me. Therefore oh King!
allow me to propose a remedy, to efface the shame, and to render it as if not done. Draw your sword and
knight me, then I will throw down my gauntlet, to everyone who dares to speak disrespectfully of my king."
All of the following would qualify to support the secret knight being labeled a "criminal" 1st paragraph
EXCEPT:
A. he danced and fraternized with royalty.
B. he disobeyed the mask-law.
C. he represented himself as a knight.
D. he was physically in the saloon.
E. he was executioner of Bergen.
Answer: E
Explanation:
The job of executioner was not criminal; in fact it was a position required to obey the execution of the law.

NEW QUESTION: 3
You are developing an HTML5 web application and are styling text.
You need to use the text-transform CSS property.
Which value is valid for the text-transform property?
A. Lowercase
B. Line-through
C. 20px
D. Blink
Answer: A
Explanation:
Explanation
CSS Syntax
text-transform: none|capitalize|uppercase|lowercase|initial|inherit;
Reference: CSS text-transform Property

NEW QUESTION: 4
Debbie Angle and Craig Hohlman arc analysts for a large commercial bank, Arbutus National Bank.
Arbutus lias extensive dealings in both the spot and forward foreign exchange markets. Angle and Hohlman are providing a refresher course on foreign exchange relations for its traders. Unless indicated otherwise, Angle tells the traders to assume that real interest rates arc equivalent throughout the world.
Angle uses a three country example from North America to illustrate foreign exchange parity relations. In it, the Canadian dollar is expected to depreciate relative to the U.S. dollar and the Mexican peso. Nominal, one year interest rates in the United States are 7% and are 13% in Mexico. From this data and using the uncovered interest rate parity relationship, Angle forecasts future spot rates.
During their presentation, Hohlman discusses the effect of monetary and fiscal policies on exchange rates.
He cites a historical example from the United States, where the Federal Reserve shifted to an expansionary-monetary policy to stimulate economic growth. This shift was largely unanticipated by the financial markets because the markets thought the Federal Reserve was more concerned with inflationary pressures. Hohlman states that the effect of this policy was an increase in economic growth and an increase in inflation. The cumulative effect on the dollar was unchanged, however, because, according to Hohlman, an increase in U.S. economic growth would strengthen the dollar whereas an increase in inflation would weaken the dollar.
Regarding U.S. fiscal policies, Hohlman states that if these were unexpectedly expansionary, real interest rates would increase, which would produce an appreciation of the dollar. But, Hohlman adds, an increase in the federal budget would encourage imports such that the overall short-run effect would be for a decrease in the value of the dollar.
Using this same historical example, Angle discusses capital flows and the effect on the balance-of- payments components. Angle makes the following statements:
Statement 1; Differences in real interest rates will cause a flow of capital into those countries with the highest available real rates of interest. Therefore, there will be an increased demand for those currencies, and they will appreciate relative to the currencies of countries whose available real rates of return are low.
Statement 2: The flow of foreign capital into U.S. investments, net of outflows of U.S. capital, is measured by the financial account. In the case of an expansionary fiscal policy, the financial account will increase and move towards a surplus.
Angle next discusses the foreign exchange expectation relation. She states that, examining Great Britain and Japan, it appears that the four year forward rate, which is currently ¥200/£, is an accurate predictor of the expected future spot rate. Furthermore, she states that uncovered interest rate parity and relative purchasing power parity hold. In the example for her presentation, she uses the following figures for the two countries.

As a follow-up to Angle's example, Hohlman discusses the use and evidence for purchasing power parity.
He makes the following statements.
Statement 3: Absolute purchasing power parity is based on the law of one price, which states that a good should have the same price throughout the world. Absolute purchasing power parity is not widely used in practice to forecast interest rates.
Statement 4: Although relative purchasing power parity is useful as an input for long-run exchange rate forecasts, it is not useful for predicting short-run currency values.
Which of the following is closest to the current ¥/£ spot rate, using relative purchasing power parity? Use the exact methodology in your calculations.
A. ¥226/£.
B. ¥215/£.
C. ¥186/£.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Angle assumes the forward rate is an accurate predictor of the expected future spot rate, so we will use
¥200/£ as the future spot rate.
She also assumes that relative purchasing power parity holds, which states that the future spot rate is a function of the current spot rate and relative inflation rates. We will use relative purchasing power parity to obtain the current spot rate.
To obtain the expected inflation rates in each country, wc back them out using the domestic Fisher relation:

Note that unlike the international Fisher relation, we did not assume that real interest rates were equivalent throughout the world when we used the domestic Fisher relation.
We now we back out the current spot rate, using relative purchasing power parity:

Note: Because (he Japanese currency is in the numerator in the exchange rate, we will put the Japanese infMtion rate on top in the relative purchasing power parity calculation.
So if Japan is country b and Great Britain is country a, then we have:

Notice that the exchange rate will move from ¥215/£ to ¥200/£. So it takes less yen to buy one pound (i.e.
the yen has strengthened), which relative purchasing power parity predicts because Japanese inflation is lower. (Study Session 4, LOS 19.g, h,j,m,n)