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

A)The money in savings accounts is used for daily expenses like food and gas, which keep the economy going.
B)The money in savings accounts just sits in the bank and does not have a great impact on the economy.
C)Savings accounts decrease the value of the money in circulation by remaining unused.
D)Banks can put the money in savings accounts into circulation by loaning it to others.

Respuesta :

The statement describes individuals use their saving accounts for meeting their daily expenses like food, and gas and to keep the economy clean.

What affects the economy?

The money that the individual earns for making an expense or saving affects the economy of the country as it is used for measuring the per capita income and tells us about the purchasing capacity of the people.

The money that people save is used for meeting the day-to-day needs of medical, gas, and electricity expenses.

Find out more information about the economy.

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Answer:

D.  Banks can put the money in savings accounts into circulation by loaning it to others.

Explanation: