Principles of Economics 2e
Principles of Economics 2e
2nd Edition
ISBN: 9781947172364
Author: Steven A. Greenlaw; David Shapiro
Publisher: OpenStax
Textbook Question
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Chapter 27, Problem 24CTQ

The total amount of U.S. currency in circulation divided by the U.S. population comes out to about S3 , 5 00 per person. That is more than most of us carry. Where is all the cash?

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The total amount of U.S. currency in circulation divided by the U.S. population comes out to about $3,500 per person. That is more than most of us carry. Where is all the cash?
Answer in no more than 5 sentences. In your opinion, which is more convenient for you to use: cheques or actual currency? Why do you say so?
Which type of money do we currently use in the United States ?

Chapter 27 Solutions

Principles of Economics 2e

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