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Based on the diagram, which example describes how a bank injects money into the economy? A bank opens a savings account for a customer. A bank approves a mortgage for a customer. A bank buys a company’s rapidly growing stock. A bank buys property in a bustling business district.

Annie Barnes

in Business

1 answer

1 answer

William Cain on January 3, 2018

Answer: the bank approves a mortgage for a client.Explanation: Banking sector provides loans and other financial services to households and businesses in a circular flow diagram. Households and businesses to put their savings in the banking sector. In this case, the bank approves a mortgage for a client, and therefore, offering them money to change. The client uses this money for the realization of other costs of activities.

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