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29 June, 06:43

Which best describes how the money that individuals have in savings accounts affects the economy?

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  1. 29 June, 07:24
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    When someone puts money in a savings account, only about 10% of the actual money remains there. The rest is used by the bank to give people loans then they make profit off of interest. Banks are businesses so that's how they make money and that's how your money contributes to loans.
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