Demand deposits include ________ accounts. select one: a. only checking b. only savings c. both checking and savings d. commercial paper e. credit card

QUESTION POSTED AT 29/05/2020 - 12:37 AM

Answered by admin AT 29/05/2020 - 12:37 AM

Demand deposits include  c. both checking and savings accounts

Demand deposits are a form of deposit which amount could be withdrawn by the owner without any prior notion.
Commercial paper and credit card need around a month notice in order to be withdrawn, and you can withdraw your checking and savings anytime you want.
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