Answer:
Trade is a basic economic concept involving the buying and selling of goods and services, with compensation paid by a buyer to a seller, or the exchange of goods or services between parties. Trade can take place within an economy between producers and consumers.
A trader is an individual who engages in the buying and selling of financial assets in any financial market, either for themself or on behalf of another person or institution. The main difference between a trader and an investor is the duration for which the person holds the asset. Investors tend to have a longer-term time horizon, while traders tend to hold assets for shorter periods of time to capitalize on short-term trends.
Explanation:
- Traders are individuals who engage in the short-term buying and selling of an equity for themselves or an institution.
- Among the drawbacks of trading are the capital gains taxes applicable to trades and the costs of paying multiple commission rates to brokers.
- Traders can be contrasted with investors, who seek long-term capital gains rather than short-term profits.
Answer:
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Answer:
Option D
Explanation:
Upward mobility is the movement of an individual from a sociological classification to another better sociological classification. It is evident that dawn sociological life from her early beginning was quite not fancy enough as her parents were the busy type and not the rich type of parent in sociological classification in hierarchy, but evidently now, Dawn recently bought her first home and works as a lawyer, she came from a background that her parent worked soo hard to become who she is now so her sociological life changed from a quite busy sociological life to a life of affordability, what her parents couldnt afford for her, she can possibly afford for her kids now that her sociological life has changes since she became a lawyer.
Answer:
Explanation:
We need them because each currency up or down movement against every other currency may be different at different times. This allows each country to adjust its standard of living according to how its currency is fairing against the currencies of its major trading partners.
Banks make the most money and take the most risk with an interest rate of :
18% (eighteen percent).
