Economy, asked by TanushkaRathore9749, 11 months ago

Why is net demand deposit is a component of money supply and not the gross demand deposit?

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Answered by Anonymous

5

✴ola!!✴

⤵⤵answer⤵⤵

A Gross demand deposit is the whole actual amount of deposit without any liability and deductions. This implies the gross demand deposit is the whole amount from which that such deductions are deducted.✔✔

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