Question

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

im thinking B or C but im pulling more towards B

Answer 2

That's what I was thinking but wasn't really sure

Answer 3

yeah im like 60% to 40% lol

Answer 4

lol so you really think it's B?

Answer 5

im about to look it up to back up my predicted answer

Answer 6

kk

Answer 7

its NOT b... i will go for D... have a look here for details...


http://www.colorado.edu/economics/courses/econ2020/section10/section10-main.html

Answer 8

i thought it was a .... lol then never mind

Answer 9

i just looked it up its more or less pulling to C

Answer 10

NOT A...

Answer 11

its not A and definletly not B

Answer 12

So....... C?

Answer 13

i believe so

Answer 14

im like 60% sure

Answer 15

Ok... Thanks guys!

Answer 16

its not C....

Answer 17

O_O ok..... What is it then?

Answer 18

only other one it could be is D

Answer 19

yeah its D...

Answer 20

thanks :)

Answer 21

thanks @paki

Answer 22

pleasure...

Answer 23

thanks @paki and @Tyler.football.player

Answer 24

pleasure...

Answer 25

welcome

Answer 26

:)