Which type of currency is a $20 bill? Option 1: Gold certificate. Option 2: Treasury note. Option 3: Treasury bill. Option 4: Federal reserve note.

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asked Aug 28, 2024 221k views

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Systemhalted · Answer 1 · 2024-09-02T17:25:36+0000

Answer:

Option 4: Federal Reserve note

Explanation:

A Federal Reserve note is a term to describe the paper demand liabilities of the Federal Reserve, commonly referred to as "dollar bills," which circulate in the U.S. as legal tender.

Which type of currency is a $20 bill? Option 1: Gold certificate. Option 2: Treasury note. Option 3: Treasury bill. Option 4: Federal reserve note.

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