answersLogoWhite

0

it depends what country your in

User Avatar

Wiki User

17y ago

What else can I help you with?

Related Questions

How does value of dollar changes?

the more of the money there is, the less of the value. the less of the money, the more of the value. for example, if the US government printed a LOT of money to fix the economy, the value of a dollar would be less because there are so much of it. hope that helps!


What is the difference between fiat money and token money?

Token money is a type of money whose intrinsic worth is less than its nominal value eg its value as money is less than its value as metal while fiat money is a type of money which intrinsic value is more than its nominal value.


Can you use American money to purchase things in iceland?

yes but our money may have more or less value in that country.


What is money in the form of coins?

money in the form of coins are money which have a less value like a dollar or a 50 pence as making notes for such a less value would be wasting allot of paper and coins can be updated more easily. coins can also be carried easily.


What happens when the government borrows a lot of money?

whenever more money is printed.. the dollar value becomes less.. simple as that.


Why is gold value high?

Because gold is in less abundance and because the the U.S. has made more money then they have gold.


Why the value of money is inversely related to the price level?

If prices go up,a unit of money-a dollar is worth less because it will buy less, if prices go down, a dollar is worth more because it will buy more.


Does Canadian money have more value than US money?

Canadian money actually has less value than the United States dollar. A United States dollar in Canada is worth about $1.11 in Canadian money as of September 15, 2014. This rate of exchange does not stay a constant value.


Why did things cost less in the past?

It is known as inflation. The basic concept is this: the value of money works in a spiral. When workers begin to earn more money, people and buisnesses begin to charge more for products, so the cost of living goes up, therefore the nominal value of money is worth less and workers must earn more money, usually resulting in demanding that employers pay them more. With more money in the system, people buisness begin to charge more for products, and the cycle continues.


What is the difference between the value of the dollar in 2004 and 2009?

it depends on what you are comparing it to. If you are comparing it to the euro then the value would be different than the...pound. American money is more expensive than some money and less expensive than others. And that changes through the years =] it depends on what you are comparing it to. If you are comparing it to the euro then the value would be different than the...pound. American money is more expensive than some money and less expensive than others. And that changes through the years =]


What contributing factors led to the financial crisis of 2008?

in US there was more supply of goods(product ) and less supply of money,due to shortage of money the value of product gose down and it cause less productation and unemployment.


Is it possible to double your money with coupons?

In general and speaking literally, no. Generally after using a coupon you have less money than you had before (but either more money or more "stuff" than you would have had had you purchased the item and not used a coupon), and in most cases coupons are for less than half the value of the item purchased.