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Purchasing power parity (PPP) [1] is a measure of the price of specific goods in different countries and is used to compare the absolute purchasing power of the countries' currencies.
For a more exhaustive discussion of countries using the U.S. dollar as official or customary currency, or using currencies which are pegged to the U.S. dollar, see International use of the U.S. dollar#Dollarization and fixed exchange rates and Currency substitution#US dollar. Countries using the U.S. dollar as their official currency include:
Gross domestic product (GDP) is a monetary measure of the market value [1] of all the final goods and services produced and rendered in a specific time period by a country [2] or countries.
A reserve currency is a foreign currency that is held in significant quantities by central banks or other monetary authorities as part of their foreign exchange reserves. [citation needed] The reserve currency can be used in international transactions, international investments and all aspects of the global economy.
Two stacks of 100 20 euro notes and one stack of 100 50 euro notes delivered to a bureau de change by G4S. A currency card, cash strap, currency band, money band, banknote strap or bill strap is a simple paper device designed to hold a specific denomination and number of banknotes. [1] It can also refer to the bundle itself. [2]
Official $20 bill prototype featuring Harriet Tubman. In a campaign called "Women on 20s", selected voters were asked to choose three of 15 female candidates to have a portrait on the $20 bill. The goal was to have a woman on the $20 bill by 2020, the centennial of the 19th Amendment which gave women the right to vote. [13]
Similar to the recently redesigned $10, $20, $50, and $100 bills, the new $5 bill features an American symbol of freedom printed in the background: The Great Seal of the United States, featuring an eagle and shield, is printed in purple to the right of the portrait and an arc of purple stars surround both it and the portrait.
The quarter, formally known as the quarter dollar, is a coin in the United States valued at 25 cents, representing one-quarter of a dollar.Adorning its obverse is the profile of George Washington, while its reverse design has undergone frequent changes since 1998.