4. The use of technology such as telephones and computers means that money exchanges and other financial transactions can be

a. based on the U.S. dollar all over the world.
b. converted to prices in any currency.
c. made instantaneously.
d.sensitive to variations in any currency.

Please label the School Subject carefully so the right teacher reads and answers your post.

Sra

d sensitive to variations in any currency

The correct answer is: c. made instantaneously.

The correct answer is c. made instantaneously.

When it comes to financial transactions, the use of technology such as telephones and computers has greatly simplified and accelerated the process. Through electronic systems like online banking and electronic payment platforms, money transfers and other financial transactions can be performed instantaneously.

To arrive at the correct answer, let's go through the options and eliminate the ones that are incorrect:

a. based on the U.S. dollar all over the world - This option implies that all financial transactions are exclusively based on the U.S. dollar, regardless of the currency in which the transaction is conducted. However, this is not accurate as financial transactions can be conducted using various currencies, not just the U.S. dollar.

b. converted to prices in any currency - This option suggests that financial transactions can be converted to prices in any currency. While currency conversion is possible, it does not necessarily mean that all financial transactions are automatically converted to prices in any currency. The option is too broad and not specific to instantaneous transactions.

c. made instantaneously - This option depicts the use of technology and accurately describes the benefit it brings to financial transactions. With the help of telephones and computers, businesses and individuals can transfer money and conduct financial transactions quickly, without any significant delays.

d. sensitive to variations in any currency - This option suggests that financial transactions using technology are responsive to fluctuations in any currency. While it is true that currency fluctuations can impact transactions, this option is not specific to the instantaneous nature of transactions facilitated by technology.

Thus, the correct answer is c. made instantaneously, as it accurately represents the immediate nature of financial transactions using technology.