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- Discuss five ways which the country can do to increase its savings rate.Explain how financial market mobilizes money and wealth creation opportunity within a country.One of the biggest problems for any economy is to figure out how to get or transfer money from people or firms who want to save (savers) to people or firms who want to borrow (investors). Explain how financial markets can help to solve this problem efficiently. Discuss how financial markets function and which tools they can offer to solve this problem. Discuss how financial systems are of crucial significance to adequate capital formation, which is indispensable to a speedy economic growth and development.
- A successful entrepreneur may need a support of banking institutions and Non- banking financial institutions. Being an entrepreneur, which non- banking financial institutions help is required to run the business smoothly?Do the financial institutions usually quote the interest rate on an annual basis?explain the roles financial market play in the development of the economy of Ghana
- Which of the following is not a primary participant in the financial marketplace? a. governments b. businesses c. military units d. individual householdsWhat are the different Financial Intermediaries and explain how they carry out the objectives of the financial system?How does an increase in interest rates affect business? Consumers?