Financial innovation can lead to ________ and ________.

Question

Quizplus · Accepted Answer

Financial innovation can lead to higher profits for businesses and individuals, but it can also lead to financial disasters and crises, as seen in events like the 2008 financial crisis. Thus, while financial innovation can have positive effects, it is important to carefully consider and regulate its implementation. Choices A and B are not accurate as phishing is not a result of financial innovation and usually leads to financial losses for victims and financial innovation is not directly linked to interest rates and inflation. Option D is also incorrect as there is no clear relationship between financial innovation and interest rates or inflation.

Financial Innovation Can Lead to ________ and ________

Financial Innovation Can Lead to and