Question: QUESTION ONE [ 2 0 ] 1 . 1 Explain the difference between primary and secondary markets. ( 4 ) 1 . 2 Explain the

QUESTION ONE [20]1.1 Explain the difference between primary and secondary markets. (4)1.2 Explain the difference between money markets and capital markets. What types of financial instruments are traded on each? Which market is considered more volatile? (6)1.3 Explain what might happen in the economy if there were no financial institutions. (8)1.4 When technical analysts suggest that a share has good relative strength, explain how should an investor interpret it.

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