Which of the Following Played a Part in Financial Innovation

question 16

Multiple Choice

Which of the following played a part in financial innovation during the past 30 years?

• A)technological advances in telecommunications
• B)profit-seeking opportunities
• C)regulatory avoidance and increased competition from other intermediaries and nonfinancial firms
• D)All of the above played a part.

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Definitions:

Knowledge of Definitions

The understanding and comprehension of the meanings behind words, terms, or phrases, crucial for effective communication and learning.

Unconscious Forces

Psychological influences of which an individual is not fully aware but that affect emotions and behavior.

Emotionally Healthy

Refers to a state of well-being where an individual recognizes their own abilities, can cope with the normal stresses of life, can work productively and fruitfully, and is able to make contributions to their community.

Anima

In Jungian psychology, the unconscious feminine side of a man's personality.