INTRODUCTION TO ECONOMICS II (İKTİSADA GİRİŞ II) - (İNGİLİZCE) Dersi Money and the Economy soru detayı:

PAYLAŞ:

SORU:

What is the difference between time deposits and demand deposits?


CEVAP:

Demand deposits can be withdrawn anytime and can be used via checks and credit cards. But time deposits can be withdrawn from bank only after a certain time. Therefore, you can not use your time deposits to make any payment. If you have a time deposit in a bank, you cannot make a payment by writing a check like in demand deposits.