b) Briefly explain the difference (i) The primary stock market and the secondary stock market. (4 Mai (ii) Macro-economic and micro -economic information. (4 Ma

(i) The primary stock market refers to the market where new securities are issued and sold for the first time, such as during an initial public offering (IPO). In contrast, the secondary stock market is where existing securities are traded among investors after the initial offering.<br /><br />(ii) Macro-economic information pertains to the overall economy, including factors like GDP, inflation, and unemployment rates. Micro-economic information, on the other hand, focuses on individual markets or sectors, such as the behavior of specific companies or industries.