Question

2 What is
Demand
Depasit?​

Answer 1

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A demand deposit is an account with a bank or other financial institution that allows the depositor to withdraw his or her funds from the account without warning or with less than seven days' notice. Demand deposits are a key component of the M1 money supply calculated by the Federal Reserve.

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Answer 2

Answer:

What is Demand?

Demand is an economic principle referring to a consumer's desire to purchase goods and services and willingness to pay a price for a specific good or service. Holding all other factors constant, an increase in the price of a good or service will decrease the quantity demanded, and vice versa.

What is Depasit?

A deposit is the act of placing cash with some entity, most commonly with a financial institution, such as a bank.