A Demand Deposit Is

question 92

Multiple Choice

A demand deposit is

• A) the same as a time deposit.
• B) a chequing account.
• C) one that remains with the bank for a specified period of time.
• D) the same as a regular savings account.
• E) the least important type of money in our economic system.

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Definitions:

Isomerases

Enzymes that catalyze the rearrangement of atoms within a molecule, often crucial in metabolic pathways.

Isomeric Form

Variants of a molecule that have the same molecular formula but differ in the arrangement of atoms within the molecule or in their spatial orientation.

Enzyme

Biological molecules that significantly speed up the rate of virtually all the chemical reactions within cells.

Molecule

The smallest unit of a chemical compound that can exist; composed of two or more atoms held together by covalent bonds.