How does the policy decision affect the demand for dollars


Problem

In an effort to discourage drug smugglers from using U.S. currency in major drug deals, the U.S. government refuses to issue currency in denominations greater than $100. How does this policy decision affect the demand for dollars and thus the exchange rate between the dollar and other currencies, such as the euro (which comes in denominations as big as €500)?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

Request for Solution File

Ask an Expert for Answer!!
Macroeconomics: How does the policy decision affect the demand for dollars
Reference No:- TGS02095697

Expected delivery within 24 Hours