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Federal Reserve Note 1 collectibles 1 consumers 1 dollar bill 1 micropayments 1 network economics 1 payment instruments 1 physicality 1 small value transactions 1 symbolic value 1
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Free 1
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Book / Working Paper 1
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Noll, Franklin 1
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Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München 1
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MPRA Paper 1
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The Total Value of the $1 Federal Reserve Note: Factoring in Physicality and the Consumer
Noll, Franklin - Volkswirtschaftliche Fakultät, … - 2008
Consumers are using cash less often. This is especially the case in high-value transactions. However, the $1 Federal Reserve Note continues to hold its ground in the realm of micropayments, transactions having a value of less than $5. Economists argue that the staying power of the $1 bill is...
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