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THE ORGANIZATIONAL GRAPEVINE:
Savings Deposits
Accounts held at financial institutions that earn interest while providing funds liquidity with few, if any, restrictions on withdrawals.
Demand Deposits
Bank accounts from which money can be withdrawn at any time without any advance notice.
M1
A category of the money supply that includes all physical money like coins and currency, as well as demand deposits, and other liquid assets quickly convertible to cash.
M2
A measure of the money supply that includes cash, checking deposits, and easily convertible near money such as savings deposits, money market securities.
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