Social Sciences, asked by rendhasetty, 1 year ago

why do demand deposits constitute money in the modern economy

Answers

Answered by aasthajain1
1
The Barter stystem is an essential feature of double coincidence of wants where goods are directly exchanged without the use of money and it can solve the problem of double coincidence of want so , we can say that demand deposit constitute money in the mordern economy .
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