which of the following economists disagree the deposit could function as money
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Write names of some parasitic plants found in
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The theory was challenged by the Keynesian economist.
- Money is one of the most important factors for the success of any economy.
- The various deposits which are done in the banks are not considered money but in today's world with so much digitalisation the deposits have become a medium of exchange.
- They also act as a store of value and a standard for deferred payments. The various pay later facilities and EMI facilities are available because of these deposits in the banks.
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