Answer:
represent the quantity of each good that could be purchased if all of the budget were allocated to that good.
Explanation:
The budget line is a graph which shows the two combinations of goods a consumer can consume given price and income level
<u>Properties of the budget line </u>
- When income increases, the budget line shifts outward and shifts inward when income decreases
- the horizontal and vertical intercepts represent the quantity of each good that could be purchased if all of the budget were allocated to that good.
- the budget line is a straight line. This indicates that the marginal rate of substitution is constant
- the budget line is negatively sloped
Traders and investors trading in a forward transactions market are most concerned about c<u>hanges in the spot rate</u>.
A trader is a person who engages in the shopping for and promoting monetary property in any financial market, each for themself or on behalf of some other person or group. The primary distinction between a dealer and an investor is the length for which the individual holds the asset.
Kinds of traders consist of the important dealer, noise supplier, and marketplace timer. every shape of dealer appeals to consumers otherwise and is based on numerous strategies. understanding your non-public style of buying and selling can help make better-investing choices.
Buyers are answerable for making costs and executing trades in equities, bonds, commodities, and forex, usually dealing on behalf of, or for the advantage of, investment banks.
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Answer:
BILL OF EXCHANGE. A payment method used in international trade that allows for a period of credit.
CHEQUE. A written instruction to a bank to transfer a certain sum to the account of the payee.
MONEY ORDER. ...
BANK DRAFT. ...
DEBIT CARD. ...
CREDIT CARD. ...
ELECTRONIC FUNDS TRANSFER. ...
DOCUMENTARY CREDIT.
