Question

30 POINTS ANSWER CORRECTLY AND EXPLAIN WHY!! IF NOT YOU WILL BE REPORTED.

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.

Answer 1

D

Step-by-step explanation:

Banks make money by giving it to other people with rates, so when they return the money, the bank has extra money and the initial money from the savings account. That's why banks usually don't allow you to take all of your money out at once.

P.S. Don't yell at people, we can read. Don't report accounts for giving the wrong answer, just look at the rating on it to see if most people agree with it.

So, where's the 30 points as promised in the ALL CAPS title?