Innovations,including new products and services,in financial markets and institutions have made the job of defining the money supply easier.

Question

Quizplus · Accepted Answer

Innovations in financial markets and institutions have actually made the job of defining the money supply more complex and challenging. For example, the rise of online banking, mobile payments, and cryptocurrency has created new forms of money that do not easily fit into traditional measures of the money supply.

Innovations,including New Products and Services,in Financial Markets and Institutions Have