Question

what are demand deposits? how is money safe with the banks. explain

Answer 1

here is your answer
A demand deposit is an account with abank 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 moneysupply calculated by the Federal Reserve.

Answer 2

Hey mate i will help u

Explanation:

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