. Can Grammy’s legacy operate within the existing financial markets and honor God?

Expert Solution

Grammy's legacy can very well operate within the existing financial markets and honour God, the very reason is that the financial market is guided by rules and regulations to ensure that all the transactions are ethical and correct. Even Bible encourages savings and invest for rainy day.

The financial market is affected by several factors:

1. Action of Investors: Investors' action impacts financial makets, for example if many investors want to buy stock, they influence the price of the stock to move in one direction to go up.

2. Business Condition: If businesses earn profits, then their stock price will show the effect of continuous profit earned, and similarly it is affected the otherwise.

3. Government Actions: Any new regulation by government affects the financial markets. Change in interest rates, inflation rates, tax rates all affect the financial markets.

4. Economic Indicators: Any change in GDP is being watched by the investors, as these indicators can reflect in the financial market. Increase in GDP may show a positive impact on stock market, low or negative gdp growth will have a negative impact on the economy.

5. International Event: In this global economy, any major event outside the country may have a substantial impact on local financial markets.

If the above factors are in favour then Grammy's Legacy can operate and honour God.

jeff jeffy answered 2 years ago

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