If you were buying a pack of gum, would using currency or a demand deposit have lower

Question:

If you were buying a pack of gum, would using currency or a demand deposit have lower transaction costs? What if you were buying a house?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Exploring Economics

ISBN: 9781544336329

8th Edition

Authors: Robert L. Sexton

Question Posted: