How do banks most help grow the economy?
(1 point)
Responses
They provide loans for consumers and investors.
They provide loans for consumers and investors.
They are difficult to steal from.
They are difficult to steal from.
They are backed by the federal government.
They are backed by the federal government.
They offer both checking and savings accounts.
They offer both checking and savings accounts.
1 answer
They facilitate transactions and payment systems that allow businesses to operate smoothly.