Question

what are demand deposits​

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

Explanation:

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Answer 2

Answer:

deposit of money that can be withdrawn without prior notice, e.g. in a current account.

Explanation:

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