Which of the following is not a financial innovation stimulated by information technology?
A) Credit card
B) Debit card
C) Adjustable-rate mortgage
D) Electronic banking
Correct Answer:
Verified
Q28: Adjustable-rate mortgages
A) protect households against higher mortgage
Q29: Which of the following is an example
Q30: The most important source of the changes
Q31: The entry of Sears,AT&T,and GM into the
Q32: Which of the following are important factors
Q34: State banks that are not members of
Q35: Which of the following statements concerning bank
Q36: Adjustable-rate mortgages
A) benefit homeowners when interest rates
Q37: Examples of financial services that became practical
Q38: Rising interest-rate risk _ the _ financial
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