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I guess I'm asking what's the difference between a "Federal Reserve note" and a "U.S. dollar bill." They don't just mean government bonds, do they?

2006-12-17 17:07:36 · 2 answers · asked by Zowzooma, the Angry Deity 2 in Social Science Economics

Thanks, bluecast, but this is why I ask:

Which ones are the components of currency?
a. Federal Reserve notes
b. coins
c. silver dollars
d. silver certificates
e. U.S. notes

The answer is supposed to be "all of the above," but you're saying that a and e are the same thing?

2006-12-17 18:09:24 · update #1

2 answers

Take a look at the nearest dollar bill -- along the top it's labeled "Federal Reserve Note". I think the answer to your question is fed reserve notes and coins -- those are currency. There no longer are "silver dollars" in circulation, nor silver certificates. Don't know what a "U.S. Note" is, I assume that's a distracter.

2006-12-18 02:59:18 · answer #1 · answered by KevinStud99 6 · 0 0

http://en.wikipedia.org/wiki/Federal_Reserve_notes

A federal note is paper money. The site above gives more detail.

2006-12-18 01:17:24 · answer #2 · answered by bluecast33 1 · 0 0

fedest.com, questions and answers