Economy, asked by prakharbaba02, 9 months ago

what is meant by demand deposits?write its two merits. ​

Answers

Answered by Anonymous
3

Answer:

Explanation:

Demand deposits are those deposits in the bank accounts which can be withdrawn in demand.$$$$ some of its advantages are :-$$$$ 1- Demand deposits have the essential characteristics of money, that is, of a medium of exchange

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