What are demand deposits? (a) Money held by private individuals or co
What are demand deposits?
(a) Money held by private individuals or corporations placed in depository
accounts at banks
(b) Liabilities (things that are owed) to banks and assets (things of value) to
depositors or bank customers
(c) Checking accounts that depositors can use on demand
(d) All of the above
ANSWER
(d)
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