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Describe, briefly, the role of the financial institutions and financial markets in our economy.

Question:

Describe, briefly, the role of the financial institutions and financial markets in our economy.

Financial Systems:

These systems are comprised of financial markets, institutions and instruments. These systems operate at both national and global level where all financial transactions and exchange between lenders, investors, and borrowers take place.

Answer and Explanation:

Financial markets are places where assets such as equities, bonds, currencies and derivatives are traded by buyers and sellers. These markets play the...

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Financial Tools, Strategies & Systems Used in Market Planning

from GACE Marketing Education (546): Practice & Study Guide

Chapter 3 / Lesson 14
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