Economy, asked by poojarypramila867, 5 months ago

why are demond deposits considered as money

Answers

Answered by kp2918130

Answer:

(i) Demand deposits can be withdrawn from the bank whenever it is required. (ii) They are widely accepted as a means of payment, along with the currency, thus they aqre considered as money....

Answered by vish143690

$\Huge\fbox{\color{red}{Answer:-}}$

Demand deposits can be withdrawn from the bank whenever it is required.

They are widely accepted as a means of payment, along with the currency, thus they aqre considered as money.

Previous Question

Next Question

Similar questions

Math, 2 months ago

pls tell fast the answer correct answer will be marked brainliest...

Geography, 2 months ago

Which of these lakes is not found in Europe? (a) Vanern (b) Como c) Titicaca...

Biology, 2 months ago

Alveoli allow oxygen from the air to diffuse into blood true or false ...

Math, 5 months ago

□LMNO is a parallelogram .if <L =100°then the measure of <m =?

Geography, 5 months ago

Shattering is a type of mechanical weathering. True or false?

Accountancy, 10 months ago

give an example for accounting software...

Math, 10 months ago

If a÷b>c÷d Then product(___÷7>___÷4)...

Math, 10 months ago

if one of the roots of quadratic equation ${x}^{2} - 3x - p = 0$ is5 Find p...

why are demond deposits considered as money ​

Answers

why are demond deposits considered as money