This transaction will Decrease M1 and increase M2.
The required details about demand deposit is mentioned in below paragraph.
A call for demand deposit account (DDA) is a financial institution account from which deposited finances may be withdrawn at any time, with out develop notice. DDA bills will pay hobby at the deposited finances however aren’t required to. Checking bills and financial savings bills are not unusualplace styles of DDAs.
Demand deposit bills (DDAs) permit finances to be withdrawn at any time from the economic institution.
Demand deposits offer finances for day by day fees and purchases.
Demand deposit bills pay very little hobby—the trade-off for the finances being so conveniently available.
Demand deposit bills will have joint owners.
To learn about demand deposit visit here.
https://brainly.com/question/14061410
#SPJ4
