Economy, asked by harshu2135, 10 months ago

Explain Demand Deposits as a form of money.

Answers

Answered by sg249344

$<head><style type="text/css" media="all">body { font-family: Sans-Serif; background-image: linear-gradient(45deg, rgb(136, 82, 214) 0%, rgb(136, 82, 214) 16%,rgb(143, 106, 215) 16%, rgb(143, 106, 215) 20%,rgb(150, 131, 215) 20%, rgb(150, 131, 215) 26%,rgb(156, 155, 216) 26%, rgb(156, 155, 216) 99%,rgb(163, 179, 216) 99%, rgb(163, 179, 216) 100%);} p{ color:#fff; padding: 20px; text-align: center; font-weight: 400; } .double{ border-bottom: 2px double yellow; color: yellow; } </style></head> <body> Solution To Your Question Demand deposits are considered as money, because they can be withdrawn when required and the money withdrawn can be used for making payments. So, they are also considered as money in the modern economy. Hope You Liked It<marquee> Mark Me as the brainliest &#128151; </marquee> </body>$

Answered by Anonymous

Explanation:

Demand deposits are considered as money, because they can be withdrawn when required and the money withdrawn can be used for making payments. So, they are also considered as money in the modern economy.

Previous Question

Next Question

Explain Demand Deposits as a form of money.​

Answers

Explain Demand Deposits as a form of money.