Answers Academy - Economics and Personal Finance Unit TestQuestion 20

20

RCMultiple Choice

Unit Test

Question 20 • Academy - Economics and Personal Finance

How do bank loans help the nation’s economy?

Answer

T

They ensure consumer spending and confidence.

T

They ensure the success of new businesses.

T

They allow businesses to expand and improve.

T

They allow consumers to quickly pay off debts.

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How do bank loans help the nation’s economy?