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  • 14-05-2020
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Bank loans influence the economy by

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sonyabatallaa
sonyabatallaa sonyabatallaa
  • 14-05-2020

So it acts indirectly, by changing the money supply or the amount of money in the economy. ... When a bank loans you money, it makes you pay interest on the money, say 5 or 10 percent of the loan amount. As you pay back a loan, you also pay the interest to the lender.

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