Economy, asked by AbiPopzzin, 1 year ago

what is called in demand deposits

Answers

Answered by Anonymous
2
those deposit which we deposit before demand if i need in emergency

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Answered by Anonymous
3
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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