Podcast
Questions and Answers
Which of the following statements about a hundred dollar bill is true?
Which of the following statements about a hundred dollar bill is true?
- It can be eaten.
- It can be burned legally.
- It is considered official currency. (correct)
- It can be used as a building material.
What is the main reason that makes a hundred dollar bill valuable?
What is the main reason that makes a hundred dollar bill valuable?
- Its association with valuable commodities.
- The government's gold and silver reserves.
- The limited number of hundred dollar bills in circulation. (correct)
- Its physical properties and durability.
What was the main factor determining the amount of US currency in circulation before 1971?
What was the main factor determining the amount of US currency in circulation before 1971?
- The government's printing capacity.
- The physical properties of the currency.
- The government's gold and silver reserves. (correct)
- The demand for US dollar in international markets.
What is fiat money?
What is fiat money?
When did the US abolish the system of linking its currency to valuable commodities?
When did the US abolish the system of linking its currency to valuable commodities?
Which of the following is NOT a reason that makes a hundred dollar bill valuable?
Which of the following is NOT a reason that makes a hundred dollar bill valuable?
What was the main factor determining the amount of US currency in circulation before 1971?
What was the main factor determining the amount of US currency in circulation before 1971?
What is the primary reason a hundred dollar bill is considered valuable?
What is the primary reason a hundred dollar bill is considered valuable?
Why is burning a hundred dollar bill illegal?
Why is burning a hundred dollar bill illegal?
What is the main difference between a hundred dollar bill and other pieces of paper?
What is the main difference between a hundred dollar bill and other pieces of paper?
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