Answers Academy - Economics and Personal Finance Unit TestQuestion 14

14

QuizMultiple Choice

Unit Test

Question 14 • 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.

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They allow businesses to expand and improve.

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They allow consumers to quickly pay off debts.

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How do bank loans help the nation’s economy?