Yes.

Say you want to have 99 units of something. If your bills are the 1 and the 10 then you'll have 18 bills. If your units are the 1, 5, and 20, you have 12 bills, a 1/3rd reduction. With the 1, 5, and 25, you have 11.

I remember back in the 90's the Fed brought up the idea of dropping the $10 to save money. They did a lot of research to prove that the $20 actually circulates more than the $10 does and that many businesses simply don't request $10 straps to put in their registers at all.

Yes.

Say you want to have 99 units of something. If your bills are the 1 and the 10 then you'll have 18 bills. If your units are the 1, 5, and 20, you have 12 bills, a 1/3rd reduction. With the 1, 5, and 25, you have 11.

I remember back in the 90's the Fed brought up the idea of dropping the $10 to save money. They did a lot of research to prove that the $20 actually circulates more than the $10 does and that many businesses simply don't request $10 straps to put in their registers at all.

Yes.

Say you want to have 99 units of something. If your bills are the 1 and the 10 then you'll have 18 bills. If your units are the 1, 5, and 20, you have 12 bills, a 1/3rd reduction.

I remember back in the 90's the Fed brought up the idea of dropping the $10 to save money. They did a lot of research to prove that the $20 actually circulates more than the $10 does and that many businesses simply don't request $10 straps to put in their registers at all.