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Throughout Macy's stores, special displays encourage shoppers to view promotional videos and access product information using their smart phones or other mobile devices. This type of in-store promotion is called an) _________________________.
Demand Deposits
Bank accounts that allow the holder to withdraw funds without prior notice, such as checking accounts.
Time Deposits
Savings accounts or certificates of deposit that hold a fixed sum of money for a specified period of time, during which the depositor cannot withdraw the funds without penalty.
Required Reserves
The minimum amount of reserves a bank must hold as mandated by regulatory authorities, based on a percentage of the bank's deposit liabilities.
Demand Deposits
Bank accounts from which money can be withdrawn at any time without any notice to the bank.
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