162k views
0 votes
What is the difference between demand deposits and near money? Thanks!

User Guscht
by
9.0k points

1 Answer

3 votes

demand deposits - a deposit of money that can be withdrawn without prior notice

near money - assets that can readily be converted into cash, such as government bonds

just google the definitions and read about it

User David Saltares
by
7.7k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.