The financial system plays a crucial role in the economic development of a country. Financial systems fund industries and businesses. This leads to an enhancement…
Financial Markets May Affect Economy
Financial markets help to direct efficiently the flow of savings. It also directs investment flow in the economy. They do this in ways that facilitate…
Saving And Investing In A Closed Economy
Experts emphasize that there is no fundamental contradiction between saving and investing. This is illustrated by a principle of national accounts: in a closed economy,…