Question

what is the difference between bank money and
demand deposit?
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Answer 1

Money market accounts have low fees and generally offer higher returns than savings accounts, however, the fluctuation of interest rates means no fixed amount of interest is earned on the account. Savings accounts are demand deposit accounts that typically have no fees attached.

Answer 2

Answer:

Money market accounts have low fees and generally offer higher returns than savings accounts, however, the fluctuation of interest rates means no fixed amount of interest is earned on the account. ... Savings accounts are demand deposit accounts that typacilly have no use .