B. To pay off the debts from the French and Indian War.
Answer:
Fears of a Russian invasion of Ukraine are on the rise, prompting analysts and traders to weigh the potential financial-market shock waves.
“If Russia invades Ukraine, the trade is buy TY,” wrote Brent Donnelly, president of Spectra Markets, in a Friday note, referring to 10-year Treasury-note futures TY00 .
Treasurys are a traditional haven during periods of geopolitical and economic stress. A rally in Treasurys would pull down yields, which move in the opposite direction of prices. A Treasury selloff has pushed up yields, with the 10-year Treasury rate TMUBMUSD10Y finishing near 1.77% Friday after hitting a nearly two-year high earlier in the week.
The Swiss franc, another popular haven, could also rally, with the euro/Swiss franc EURCHF currency pair likely to fall to CHF1.03 “on a frozen rope if Russia moves,” Donnelly said. The euro bought 1.043 francs Friday.
Answer:
A cartoon gives both words and pictures allowing the viewer to interpret the message from the artist. There may be a more controversial viewpoint conveyed in a cartoon than directly in text. It may be much faster to convey by a cartoon than text.
Explanation:
D. All of the above is your answer
