Question

Which of the following statements most accurately describes an economy in which banks are not making loans?

Cities no longer have uncontrolled growth and communities are better off financially.

Individuals can no longer buy new homes, but the economy is unchanged on the whole.

Businesses are less able to grow and expand and the economy slows down.

State and local governments would fail and all business payrolls would be frozen immediately.

Answer 1

C

Answer 2

your sure

Answer 3

That is just a educated guest

Answer 4

wait 1 sec

Answer 5

okay

Answer 6

It is either C or D

Answer 7

okay

Answer 8

@jabez177 @clayton4christ

Answer 9

B or C

Answer 10

B is most likely

Answer 11

How is it B?

Answer 12

Loans are mostly used in buying new houses

Answer 13

ohh i get it thanks! :D

Answer 14

Though Businesses sometimes use loans, Buying houses is the biggest reason for loans. Houses and cars. :)