Of the following, which is not considered an important factor in recent financial innovations?
A)volatile interest rates
B)inflation
C)decreased competition in financial markets
D)changes in regulation

Question

Quizplus · Accepted Answer

While the other factors listed (volatile interest rates, inflation, and changes in regulation) have played significant roles in driving financial innovations, decreased competition in financial markets is not considered an important factor. In fact, increased competition and market liberalization are often credited with driving financial innovation.

Of the Following, Which Is Not Considered an Important Factor