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Usimov [2.4K]
4 years ago
9

Why might a broker look at world news and financial data?

Business
1 answer:
zzz [600]4 years ago
5 0

Brokers are the people who invest in worlds largest financial market which is know as the Foreign Exchange or Forex Market.

Brokers deal in buying and selling of different products like currencies, commodities, stocks, etc. They predict the trends for specific currency or commodity and then decides whether to buy it or sell it on the basis of their analysis.

To be fully aware of the trends of the specific product, they analyze the factors or news or financial decisions of the economies that can affect the buying or selling pattern of that product. That is why they have to look at the world's news and financial data of the big giant economies like US, Europe, UK, Japan, etc.

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The U.S. Treasury offers to sell you a bond for $715.00. No payments will be made until the bond matures 15 years from now, at w
nalin [4]

Answer:

interest rate is 2.25 %

Explanation:

given data

sell bond = $715

bond matures =  15 years

redeem =  $1,000

solution

we apply here formula that is

amount = principal × (1+r)^{t}    ................1

here put value and we get

1000 = 715  × (1+r)^{15}

(1+r)^{15} = \frac{1000}{715}

solve it we get

r = 0.022617

so rate is 2.25 %

7 0
3 years ago
Even though money loses purchasing power during inflationary periods, people still choose to hold part of their wealth in the fo
KiRa [710]

Answer:

Money is an asset with the characteristics of liquidity

Explanation:

people still choose to hold part of their wealth in the form of money because money has characteristics of liquidity, that is, as an asset money can easily be accessed. And during inflation when prices of commodities have skyrocketed, more money would be required for business transactions. Money can easily be exchanged while doing any form of transaction.

3 0
3 years ago
The day-to-day supervision of construction is the responsibility of the____________.
wlad13 [49]

Answer:

The correct word for the blank space is: general contractor.

Explanation:

A general contractor is in charge of the everyday supervision of the activities within a construction. The general contractor achieves this by organizing all the employees within the construction, providing them with all the necessary tools and legal permits to perform their duties. General contractors are also in charge of the communication of information to all relevant individuals involved in the construction.

3 0
3 years ago
Have some points anyone i dont care :)
VARVARA [1.3K]

Answer:

Hey

Explanation:

Thanks so much.............

4 0
2 years ago
Read 2 more answers
When an economy sacrifices production of consumption goods to produce more capital goods, we would expect that the production po
ira [324]

Answer: b. shift inward

Explanation: The curve is delayed in because although capital goods would increase in the possibilities curve, consumer goods are retracted, so that the fault would have a tendency to lean in closer to zero because consumer goods would not increase in same proportion. This is the same as saying that the production capacity will be limited because to increase the amount of consumer goods produced must be reduced, this way the possibilities curve behaves

8 0
3 years ago
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