Federal Reserve notes make up more than what share of United States currency?
A89 per cent
B79 per cent
C69 per cent
D99 per cent
Answer & Solution
Correct answer: D. 99 per cent
1. Coins make up only a small remainder.
2. Paper notes dominate the total.
3. So it is more than 99 per cent.
_Source: OpenStax Introduction to Business 2e, Chapter 15, Understanding Money and Financial Institutions._
Keep practising Money and Financial Institutions
Browse all Money and Financial Institutions questions for BBI (Bachelor of Banking & Insurance), or explore more Finance topics.