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 ?
Ans 1) You can find the answer to your question at the below mentioned link.
Ans 2) You can find answer to a similar question at the below mentioned link.
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A demand deposit or bank money refers to the funds held in demand deposit accounts in commercial banks .  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.
due 2 lack of consumer awareness
i hope dis helps u..if it did thumbs up plz!!
cuz they hav a value for money as they contain money and can be used for money exchange!