TED-Ed explains the complex story behind what gives a paper dollar bill actual value.
The value of money is determined by how much (or how little) of it is in circulation. But who makes that decision, and how does their choice affect the economy at large?
Doug Levinson takes a trip into the United States Federal Reserve, examining how the people who work there aim to balance the value of the dollar to prevent inflation or deflation.
| What word or expression is represented below?
GIVE, GIVE, GIVE, GIVE, GET, GET, GET, GET |
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Once upon a time there was an archery contest.
The first archer, wearing a long cape covering his face, lines up in position. He takes a deep breath and fires an arrow which finds the center of the target. Then he takes of his cape and screams: I AM…… ROBIN HOOD! The crowd cheers! The second archer with a cape lines up in position. He fires his arrow which hits the center and cuts robin hood’s arrow into two! He takes off his cape and screams: I AM…… WILLIAM TELL! The crowd cheers!! Finally, a third man in cape lines up in position. He fires his arrow but it goes all wrong! It flies past the crowd and kills the king! Then the man takes off his cape and screams: I AM…… SORRY! |
