Why are financial markets essential for a healthy economy and economic growth? What are financial institutions? Describe

Fantastic news! We've Found the answer you've been seeking!

Question:

Why are financial markets essential for a healthy economy and economic growth?

What are financial institutions?

Describe each and give an example of who may use them:

Investment banks

Commercial banks

Financial services corporations

Pension funds

Mutual funds

Related Book For answer-question

Fundamentals of Financial Management

ISBN: 978-1285867977

14th edition

Authors: Eugene F. Brigham, Joel F. Houston

See More Books

Posted Date: Apr 20, 2024 06:49 AM

See More Questions

Assume that you recently graduated with a degree in finance and have just reported to work as an investment adviser at the brokerage firm of Smyth Barry & Co. Your first assignment is to explain the...
Assume that you recently graduated with a degree in finance and have just reported to work as an investment adviser at the brokerage firm of Smyth Barry & Co. Your first assignment is to explain the...
1 What are the main components of personal financial planning? Solve What is the purpose of a financial plan? Solve Identify some common actions taken to achieve financial goals. How does a job...
The lifespans of gorillas in a particular zoo are normally distributed. The average gorilla lives 20.8 years; the standard deviation is 3.1 years. Use the empirical rule (68 - 95 - 99.7%) to estimate...
How are the different phases in the training process model related to each other?
How might analytics be used in the following situations? a. Planning a business b. Understanding customer behavior c. Solving human resource problems
Using information from the Application "Flight Insurance," calculate the price of fair insurance if the probability were as high as 0.00000077 , the frequency in 2001 when many people died in the...
One subunit of Speed Sports Company had the following financial results last month: Requirements 1. Complete the performance evaluation report for this subunit (round to four decimals). 2. Based on...
An interest rate call option and put option based on a 90day underlying rate both have an exercise rate of 7.5% and expire in 180 days. The forward rate is 7.75% and the volatility is 0.045. The...
Wayland Custom Woodworking is a firm that manufactures custom cabinets and woodwork for business and residential customers. Students will have the opportunity to establish payroll records and to...
Rankine cycle with Super heat and reheat. Explain detail please? 3,236, 546 nuk m/hr 2855699 1bm, (i) calculate the Ip steam mass flow rate for the last my (1bar/hr) M7 required Feeduxter heater...
At inception, a $500,000 client portfolio was invested as follows: 10% cash; 40% bonds; 50% stocks. At year-end, the portfolio held $100,000 in cash; $300,000 in equities; and $200,000 in bonds. What...
One of the key questions raised by the facts of the Friars For Life case is should the client be allowed to determine what appears in the financial statements? should audit firms discuss their audit...
Jim Jones is the financial director for Best Bet Production Corporation. He wants to ensure that he is following the letter of the law regarding the corporation's accounting and financing protocols....
Tangible and intangible factors are crucial to planning. You can form a financial decision by understanding what is influencing financial position. It also help categorize or separate your financial...
Tommy started a business and paid $15,000 into the business bank account. Tommy also obtained a bank loan of $5,000 to help finance the business. How should be two transactions be classified in the...
Write up a proposal describing your project: 1. Sell products in Saudi Arabia such as Amazon or Ebey at cheaper price than the market? 2. Sell Electronics and accessory etc?
You deposit $10,000 in a savings account that earns 7.5% simple interest per year. What is the minimum number of years you must wait to double your balance? Suppose instead that you deposit the...
Few things are more irritating than a dripping tap. Taps drip because the rubber washer is worn or the brass seat is pitted by corrosion, or both. Ceramics have good wear resistance, and they have...
Polyethylene bottles are used to contain fluids as various as milk and engine oil. A typical polyethylene bottle weighs about 30 grams and has a wall thickness of about $0.8 \mathrm{~mm}$. The...
As weight-saving assumes greater importance in automobile design, the replacement of steel parts with polymer-composite substitutes becomes increasingly attractive. Weight can be saved by replacing a...

Why are financial markets essential for a healthy economy and economic growth? What are financial institutions? Describe

Question:

Expert Answer:

Financial markets play a crucial role in facilitating economic growth and stability by allocating resources efficiently enabling risk management and promoting investment and innovation Heres why they ... View the full answer

Fundamentals of Financial Management

Students also viewed these finance questions