The Most Important Source of the Changes in Supply Conditions

question 91

Multiple Choice

The most important source of the changes in supply conditions that stimulate financial innovation has been the

• A) aging of the baby-boomer generation.
• B) dramatic increase in the volatility of interest rates.
• C) improvement in information technology.
• D) dramatic increase in competition from foreign banks.
• E) deregulation of financial institutions.

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Definitions:

Acres

A measurement unit used primarily in the United States, equal to 43,560 square feet, often used to describe the size of land.

Allocation of Land

The process of distributing land resources among competing uses or users according to certain criteria, policies, or plans.

Taxes

Compulsory financial charges or levies imposed by a government on individuals, businesses, or transactions to fund public services and infrastructure.

Supply

The total amount of a product (goods and services) available for purchase at any specified price.