New computer technology has
A)increased the cost of financial innovation.
B)increased the demand for financial innovation.
C)reduced the cost of financial innovation.
D)reduced the demand for financial innovation.

Question

Quizplus · Accepted Answer

The use of new computer technology has reduced the cost of financial innovation by enabling faster communication, automated processes, and improved data analysis. This has made it easier and less expensive for financial institutions to develop and implement new products and services.

New Computer Technology Has