Question

0:12 What is bank money?​

Answer 1

Answer:

Demand deposits, or non confidential money are funds held in demand accounts in commercial banks. These account balances are usually considered money and form the greater part of the narrowly defined money supply of a country. Simply put, these would be funds like those held in a checking account

or

a medium of exchange consisting chiefly of checks and drafts

Explanation:

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Answer 2

Answer:

medium of exchange consisting chiefly of checks and drafts

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