Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. What 3 advantages do financial markets bring to any nation? 3 a) It promotes economic growth and contributes to a nation's wealth. b) 2.

image text in transcribed
1. What 3 advantages do financial markets bring to any nation? 3 a) It promotes economic growth and contributes to a nation's wealth. b) 2. What might be an advantage if transactions occurred directly between people with funds and people who had a use of funds, rather than between users and intermediaries? 3. What might be a disadvantage if transactions occurred directly between people with funds and people who had a use of funds, rather than between users and intermediaries? 4. What is the difference between a primary and secondary markets for companies issuing financial securities

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Valuation Workbook

Authors: James Hitchner, Michael J. Mard

1st Edition

0471220833, 978-0471220831

More Books

Students also viewed these Finance questions