The most important source of the changes in supply conditions that stimulate financial innovation has been the
A. deregulation of financial institutions.
B. dramatic increase in the volatility of interest rates.
C. improvement in information technology.
D. dramatic increase in competition from foreign banks.
Answer:C
The most important source of the changes in supply conditions that stimulate financial innovation has been the
A. deregulation of financial institutions. B. dramatic increase in the volatility of interest rates. C. improvement in information technology. D. dramatic increase in competition from foreign banks.