The ultimate causes of financial innovations include:
A) Increased volatility of interest rates, inflation, equity prices, and exchange rates.
B) Advances in computer and telecommunication technologies.
C) Financial intermediary competition.
D) Changing global patterns of financial wealth.
E) All of the above.
Correct Answer:
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Q14: A perfectly competitive market is characterized by:
A)
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Q20: When financial intermediaries acquire financial resources in
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