Business, 28.10.2019 22:31 ahmetagayew2004

The nation of newbie is establishing its monetary system and is designing its currency. the first proposal is to issue the newbie nugget (their new currency) in only 3 denominations of paper bills (100, 500 and 1000 newbie bills) but no coinage. in order to save time and resources they will print their currency on a heavy stock cardboard. the bills will be about the size of a business card so that the newbian people will be able to easily carry it with them in their wallets. why will the newbie nugget not function as a medium of exchange?

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The nation of newbie is establishing its monetary system and is designing its currency. the first pr...

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