Bank deposits help the nation's economy by
A.providing protection for consumers from theft
B. giving banks the money to loan and invest.
C. providing protection for banks on investments.
D. giving consumers the ability to save money.

When customers deposit their money in a bank, part of it is loaned out and the other is kept as reserves. This is known as fractional banking. When bank deposits are loaned out, it increases the money supply in the economy. This increases the money available for production activities.

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Bank deposits help the nation's economy by A.providing protection for consumers from theft B. giving banks the money to loan and invest. C. providing protection for banks on investments. D. giving consumers the ability to save money.

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How do bank deposits help the economy?

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Bank deposits help the nation's economy by
A.providing protection for consumers from theft
B. giving banks the money to loan and invest.
C. providing protection for banks on investments.
D. giving consumers the ability to save money.