​how do demand deposits facilitate transactions

DEMAND DEPOSITS FACILITATE TRANSACTIONS BECAUSE:

• MONEY IS SAFE IN BANKS.
• IT EARNS AN AMOUNT AS INTEREST.
• MONEY CAN BE WITHDRAWN AS AND WHEN REQUIRED.
• PAYMENTS CAN BE MADE BY CHEQUES INSTEAD OF CASH.
• THUS, IT ALSO ACTS AS A MEDIUM OF EXCHANGE.

PLZ THUMBS UP