Social Sciences, asked by sreehar3059X, 7 months ago

what are demand deposits? ​

Answers

Answered by Anonymous
1

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. 

Answered by Itzalien19
1

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.

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