13
QuizMultiple Choice

Banking

Question 13 • * HSA 26-27 Economics

Bank deposits help the nation’s economy by

Answer
p
providing protection for consumers from theft.
g
giving banks the money to loan and invest.
p
providing protection for banks on investments.
g
giving consumers the ability to save money.

Explanation

When people deposit money in banks, banks can use some of those funds to make loans and investments. These loans help businesses expand and consumers make purchases, supporting economic activity. So the best answer is giving banks the money to loan and invest.

AI-written and checked against the verified answer.

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