Which best describes how the money that individuals have in savings accounts affects the economy?
A. The money in savings accounts is used for daily expenses like food and gas which keep the economy going.
B. The money in savings accounts just sits in the bank and does not have a great impact on the economy.
C. Savings accounts stop inflation by keeping some money out of circulation.
D. Banks can put the money in savings accounts into circulation by loaning it to others.
I think that the answer is C.
9 answers
Nope.
No.
Is it B?
Can you please give me a hit I'm having trouble figuring out this question?
Can you please give me a hit I'm having trouble figuring out this question?
hint*
It's not B.
Hint: (Shh -- don't tell anybody! Your answers are lurking in your text material, just waiting for you to pounce on them.)
Hint: (Shh -- don't tell anybody! Your answers are lurking in your text material, just waiting for you to pounce on them.)
i believe its d you were close tho
ITS D OR C NOT A OR B OR YO MAMA
It's C yall
I meant Its D not C yall
1 answer