Considering the roughly $1.35 trillion in U.S. currency held by the public:
A) over 90% of the amount is held in the form of $1 bills.
B) more than three-fourths is held in the form of $100 bills.
C) over half of the currency held in the form of $20 bills.
D) the Federal Reserve distributes the amount equally across all denominations of bills.

Question

Quizplus · Accepted Answer

More than three-fourths of the U.S. currency held by the public is in the form of $100 bills, reflecting both domestic and significant international demand for this high denomination for store of value and transactions.

Considering the Roughly $1