Around 1992 because the U.S. imported more from afrisa and exported so little to africa that there trade economy plummeted.
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Answer:
a: to take advantage of changes in interest rates.
Explanation:
In economics or financial accounting, money can be defined as any asset used by an individual or business entity to make purchases of goods and services at a specific period of time.
Simply stated, money refers to any asset which can be used to purchase goods and services by customers.
This ultimately implies that, money is any recognized economic unit that is generally accepted as a medium of exchange for goods and services, as well as repayment of debts such as loans, taxes across the world.
John Maynard Keynes was a British economist born on the 5th of June, 1883 in Cambridge, England. He was famous for his brilliant ideas on government economic policy and macroeconomics which is known as the Keynesian theory. He later died on the 23rd of April, 1946 in Sussex, England.
According to John Maynard Keynes, the three (3) desires governing the need for money are;
I. Transactions demand.
II. Precautionary demand.
III. Speculative demand.
In Keynesian economics, speculative demand for money can be defined as a desire or need to hold money for the sole purpose of investing it in assets other than those necessary for living.
This ultimately implies that, the speculative demand for holding money is when people hold money to take advantage of changes in interest rates while waiting for better market conditions.
Answer:
After working with several smaller unions, including the Brotherhood of Locomotive Firemen, Debs led his union in a major ten-month strike against the CB&Q Railroad in 1888. Debs was instrumental in the founding of the American Railway Union (ARU), one of the nation's first industrial unions.
Explanation:
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Under the Han Dynasty, iron and salt were so important that Emperor Wudi established salt and iron monopolies and new taxes were decreed.
