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npdtan92 npdtan92
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A year ago
What makes a U.S. $100 bill valuable?

▸ It is expensive to produce a $100 bill.

▸ A $100 bill can be exchanged on demand for a given amount of gold.

▸ A $100 bill is pretty to look at.

▸ People are likely to accept a $100 bill as payment.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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omolola69omolola69
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A year ago
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