Newer or Older?

Logic Level 2

Is an 50 year older-one hundred dollar bill worth more than an newer one that was printed right this second?

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Tirth Patel by Tirth Patel , 15, Canada

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1 solution

Aaryan Vaishya
Dec 15, 2018

Due to inflation(the process of money gradually losing its value(which is a sign of a healthy economy)),an older 100 dollar bill would be worth more than it is today.

0 Helpful 0 Interesting 0 Brilliant 2 Confused

That is NOT how inflation works; it is definitely not the sign of a healthy economy. As money loses value, it has less buying power, therefore making it have less value. However, if I were to take 2 hundred dollar bills into the same store, I would be able to buy $200 worth of goods and services.

Blan Morrison - 2 years, 5 months ago

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There are 2 reasons inflation is sign of a healthy economy.A.it encourages people to buy things earlier.B.it helps pay off tax revenue.Too much inflation however is bad.

aaryan vaishya - 2 years, 5 months ago

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