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The statement Today the dollar is worth about 45 cents described?
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∙ 15y ago
Inflation
Mason Ernser
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What does today the dollar is worth 45 cents mean?
It means: "...compared to the value it had a certain number of years ago". So back then you could buy an item for 45 cents that you now would have to pay a dollar for.
How many cents are in one US Dollar?
A US dollar is 100 cents.
What was a penny called in 1821?
It was still commonly called a penny but was also referred by its formal name as a cent. Today, collectors call the cents made prior to the flying eagle cent in 1856 as "large cents" as they were about the size of a half dollar as opposed to the small cents that circulate today.
Meaning of ten cents on the dollar?
"Ten cents on the dollar" is what somebody is paying compared to what they actually owe. For every dollar of debt, they are paying ten cents--not an additional ten cents. So if they owe $10, they are paying $1.
How much was one dollar worth in the 1800?
Inflation was fairly flat in the United States during most of the 1800s. A dollar from almost any time during that century would be have the purchasing power of about 4 cents today.
Today the dollar is worth 45 cents describes what?
Exchange rate considering the 45 cents is another country's currency and the dollar is referring to say the US dollar.
How much would one dollar in 1858 be worth today?
Inflation continues to drastically decrease the value of a dollar. What you could buy for dollar in 1858 would cost you $26.53, meaning that dollar would be worth about 4 cents in today's world.
What is the 2000 golden dollar coin worth today?
75 cents.
What is the value of today dollar?
im pretty sure its a dollar 100 cents but then again i may be wrong and if i am i apologize
What was the value of the dollar in 1968?
One dollar in 1968 was worth the same as $6.58 cents today. The dollar is no longer worth as much because of inflation.
How many cents to a dollar?
100 cents makes a dollar
What is the value of a dollar in 1989 compared to 2013?
A dollar in 1989 has the same buying power as 1.88 today. Or another way to look at it would be a dollar in 1989 would be worth approximately 53 cents today.
What is the difference between a dollar and a half and thirty five cents?
A dollar is 100 cents. A dollar and a half equals 150 cents. 150- 35 ___ 115 cents (a dollar and 15 cents)
How much would a 189 year old Canadian dollar be worth today?
2 cents
What is four fifths cents of a dollar?
4/5 of a dollar is 80 cents. 4/5 cents of a dollar is 4/5 cents.
How many cents in one dollar 25?
a dollar is 100 cents so one dollar 25 would be 125 cents.
How many 10 cents make up 1 dollar?
1 dollar = 100 cents = 10*10 cents. So ten lots of 10 cents make 1 dollar.1 dollar = 100 cents = 10*10 cents. So ten lots of 10 cents make 1 dollar.1 dollar = 100 cents = 10*10 cents. So ten lots of 10 cents make 1 dollar.1 dollar = 100 cents = 10*10 cents. So ten lots of 10 cents make 1 dollar.
