76 826
Assignments Done
Successfully Done
In June 2019

Answer to Question #63794 in Other Economics for melissa

Question #63794
What would happen if families and businesses were not able to save money in financial institutions? (3 things)
Expert's answer
If families and businesses will not be able to save money in financial institutions, this will:
- increase the cost of bank loans, which can stop development of small and medium business;
- increase the level of robberies (once it is evident that those funds will be stored physically at some places);
- prevent those families and business from receiving passive income in the form of interest.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!


No comments. Be first!

Leave a comment

Ask Your question

Privacy policy Terms and Conditions