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Which was a cause for the decline in the amount of currency in circulation during the early 1930s?
many withdrew their money and hid their savings at home
How much currency is in circulation in India?
Currently there is 140.3 billion dollars of currency in circulation. India has the 5th largest amount of currency in circulation. China ranks 4th with 492.3 billion dollars of currency in circulation.
Increasing the amount of money in circulation causes?
Contraction in the volume of available money or creditthat results in a general decline in prices. Deflation, is the answer.
How is the supply of money measured and what factors are taken into account in determining its quantity?
The supply of money is measured by the total amount of currency in circulation, plus deposits in banks. Factors taken into account in determining its quantity include the amount of currency printed by the government, the reserves held by banks, and the level of economic activity affecting the demand for money.
What decides the value of a currency?
Amount of gold desides currency of country.
Which was a cause for the decline in the amount of currency in circulation during the early 1930s?
many withdrew their money and hid their savings at home
How much currency is in circulation in India?
Currently there is 140.3 billion dollars of currency in circulation. India has the 5th largest amount of currency in circulation. China ranks 4th with 492.3 billion dollars of currency in circulation.
Increasing the amount of money in circulation causes?
Contraction in the volume of available money or creditthat results in a general decline in prices. Deflation, is the answer.
Is there any money amount bigger then a trillion?
Yes, 1,000,000,000,001; 1,000,000,000,002; etc... But no, there is no more that $999,999,999,999,999 worth of any currency in circulation.
How is the supply of money measured and what factors are taken into account in determining its quantity?
The supply of money is measured by the total amount of currency in circulation, plus deposits in banks. Factors taken into account in determining its quantity include the amount of currency printed by the government, the reserves held by banks, and the level of economic activity affecting the demand for money.
How do you spell 73.95 cent?
Decimal cents are almost never stated. The currency amount $73.95 is "seventy-three dollars and ninety-five cents."
Is the government making new coins this year?
The Mint produces a full range of coins almost every year to keep a sufficient amount of coins in circulation.
A brief history on the gold standard?
In 1873, Congress put US currency on the gold standard, which converted all the currency (money) into gold. This reduced the amount of money in circulation because the money supply was limited by the amount of gold the gov't had. This was bad for people like farmers because it made the debt they had worth more than they owed.
Decline in the GNP?
That is a drop in the amount of GNP.
What is declineates?
A decline is a lessening in amount of something.
What decides the value of a currency?
Amount of gold desides currency of country.
Why is it illegal to burn money?
It is illegal to burn money because it is considered a form of defacing or destroying government property, which is a crime. Additionally, burning money can disrupt the economy by reducing the amount of currency in circulation.
