Considering the roughly $880 billion in U.S.currency held by the public:
A)Over 90% of the amount is held in the form of $1 bills
B)Nearly 80% is held in the form of $100 bills
C)Over half of the currency held in the form of $20 bills
D)The Federal Reserve distributes the amount equally across all denominations of bills

Question

Quizplus · Accepted Answer

According to the Federal Reserve, nearly 80% of the currency held by the public is in the form of $100 bills. None of the other choices are accurate, as A is false (less than 10% is held in the form of $1 bills), C is false (just over 25% is held in the form of $20 bills), and D is false (the Federal Reserve does not distribute currency equally across denominations).

Considering the Roughly $880 Billion in U