Differentiate between each of the following pairs of terms: a.Money market and capital market b.Primary market and

Question:

Differentiate between each of the following pairs of terms:
a. Money market and capital market
b. Primary market and secondary market
c. Broker market and market
Dealer
A dealer in the securities market is an individual or firm who stands ready and willing to buy a security for its own account (at its bid price) or sell from its own account (at its ask price). A dealer seeks to profit from the spread between the...