ECONOMICS
FEDERAL RESERVE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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$50
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$100
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$500
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$1, 000
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Detailed explanation-1: -The $100 bill is the largest denomination that has been printed and circulated since July 13, 1969, when the larger denominations of $500, $1, 000, $5, 000, and $10, 000 were retired.
Detailed explanation-2: -American paper currency come in seven denominations: $1, $2, $5, $10, $20, $50, and $100.
Detailed explanation-3: -Portrait and Vignette The $100 note features a portrait of Benjamin Franklin on the front of the note. The vignette on the back of the note changed in 1929 to feature Independence Hall.
Detailed explanation-4: -The $100, 000 bill is the highest denomination ever issued by the U.S. Federal Government. Printed in 1934, it was not intended for general use, but instead was used as an accounting device between branches of the Federal Reserve.