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WHY  ARE  DEMAND  DEPOSITS  CONSIDERED  AS  MONEY  ?

WHY  SHOULD  CREDIT  BE  AT  A  REASONABLE  RATE AVAILABLE  TO  OLL  ?

what  was  the  main  channel  connecting  countries  in  past  how  is  it  diffrent  from  now  ?

there  are  many rules  and  regulations  but  they  are  not  followed . why ?

Asked by Anusha Av(student) , on 30/11/13


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EXPERT ANSWER

Ans 1) You can find the answer to your question at the below mentioned link.

http://www.meritnation.com/ask-answer/question/how-demand-deposits-share-important-features-of-money/money-and-credit/6375885

Ans 2) You can find answer to a similar question at the below mentioned link.

http://www.meritnation.com/ask-answer/question/cheap-affordable-credit-is-crucial-for-the-countrys-develo/money-and-credit/4298291

Posted by Shvetika Sharma(MeritNation Expert)on 4/12/13

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More Answers

A demand deposit or bank money refers to the funds held in demand deposit accounts in commercial banks . [1] These account balances are usually considered money and form the greater part of the money supply of a country.

Demand deposits are usually considered part of the money supply, as they can be used as a means of payment for goods and services and to settle debts, by means of checks and drafts. The money supply of a country is usually held to consist of currency plus demand deposits. In most countries, demand deposits make up the greater proportion of the money supply.

trade.

due 2 lack of consumer awareness

i hope dis helps u..if it did thumbs up plz!!

Posted by music_maniac(student)on 20/3/11

 cuz they hav a value for money as they contain money and can be used for money exchange!

Posted by 007(student)on 20/3/11

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