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10 March, 10:11

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.

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  1. 10 March, 10:15
    0
    Answer: A bank approves a mortgage for a customer.

    Explanation: Banking sector provides loans and other financial services to the households and businesses in a circular flow diagram. The households and businesses also put their savings into the banking sector. In this case, the bank approves a mortgage for a customer thus, offering them money in return. The customer use this money for performing other spending activities.
  2. 10 March, 10:27
    0
    Bank approves mortgage for a customer

    Explanation:

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