Which of the following best explains the recent decline in the role of financial intermediaries?
A) Private production and sale of information
B) Government regulation to increase information
C) Improvements in information technology
D) None of the above can explain the recent decline

Question

Quizplus · Accepted Answer

Improvements in information technology have made it easier for buyers and sellers to directly access information and trade without the need for financial intermediaries.

Which of the Following Best Explains the Recent Decline in the Role