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:

Dividend Income

Income received from owning shares in a company, typically paid out of the company's profits.

Financial Statements

Documents that provide an overview of a business's financial condition, including balance sheet, income statement, and cash flow statement, among others.

Joint Ventures

A commercial enterprise undertaken jointly by two or more parties which otherwise retain their distinct identities.

Private Corporations

Businesses owned by private individuals or entities, characterized by not having shares publicly traded on stock exchanges.