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Kelley School of Business (at Indiana University) Assistant Professor of Marketing Helen Colby studied this effect, concluding that college students are less willing to purchase items when given a 100-dollar bill than five $20s. According to Colby, “If you spend money on a credit card, you get that same card back after the transaction. Spending a 100-dollar bill essentially destroys it.” Our 100-dollar bank notes survive for more than a decade in circulation, while our two lowest denominations in general use (1- and 5-, not the 2-dollar) wear out within 18 months. Maybe we should consider going in the other direction—reviving the 500-dollar bank note.

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Rrr27377vip
· 02-03 17:13
hello Laman support you from post and likes dear my comments are not visible in stream 🎸🚀💞🌞💞🌞
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