2006-11-07 13:30:43 · 6 answers · asked by 003 1 in Business & Finance ➔ Personal Finance
What kind of a bill and what value system?
If you are starving and that's all you have, it doesn't have much food value. It won't love you or keep your feet warm on a chilly night.
2006-11-07 13:33:54 · answer #1 · answered by Gaspode 7 · 0⤊ 0⤋
The value of a 1.00 bill is what you percieve you can have/derive from this unit of currency. For example, if you go to the Dollar General/Family Dolllar store and find an item there for 1.00 then this is what the store assessed as a value for you to have this item at this price. If you buy this item at this price, then you agree/give consent for acceptance of this value.
Does the bill really have a value? I am not sure. You may be raising a very debatable issue of dollars as an overall currency as a means of receiveing or paying for value of certain rendered services or commodities. For example, in ancient world certain people used stone wheels to exchange products and services. This was their "bill" of exchange. Imagine having a couple of those around your house. The smaller one being a $1 dollar equivalent... :-)
2006-11-07 21:39:24 · answer #2 · answered by Elias 2 · 0⤊ 0⤋
Obviously a $1.00 bill ($1.00 in currency) is worth one dollar.
The other kind of $1.00 bill (a statement of $1.00 payment due to a creditor) is worth the scrap value of the paper it's printed on - since that paper can now only be used for scrap)
2006-11-07 21:41:10 · answer #3 · answered by me 7 · 0⤊ 0⤋
Currently, on the open market, the bill is only worth a dollar.
2006-11-07 21:33:00 · answer #4 · answered by tingalex 2 · 0⤊ 0⤋
It's worth 100 pennies.
2006-11-09 20:32:59 · answer #5 · answered by ckm1956 7 · 0⤊ 0⤋
100 pennies
20 nickels
10 dimes
4 quarters
2006-11-07 21:38:35 · answer #6 · answered by retrodragonfly 7 · 0⤊ 0⤋