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A value is a good to be achieved or a standard of right to be followed, while a virtue is a character trait that enables one to achieve the good or act rightly.For example, a list of core goods might Yet another major part of the explanation has to do with an altruistic ethic that says that the self-interest of landlords and employers counts for little morally and may be sacrificed to help tenants and employees.This would meet the requirements of Section 411, but the government would also take over the assets, which would be of equal value.Federal Reserve notes represent a first lien on all the assets of the Federal Reserve Banks, and on the collateral specifically held against them.The paper "dollar bill" is actually called a "Federal Reserve Note".Federal Reserve notes are legal tender currency notes. It pays the BEP for the cost of producing the notes, which then become liabilities of the Federal Reserve Banks, and obligations of the United States Government. Some of the more advanced vending machines give out paper money as change. Vending machines often give dollar coins as change, since it is easier for the machines to give out coins than paper money.
The amount of cash that the public holds varies seasonally, by the day of the month, and even by the day of the week.Because banks pay the Fed for cash by having their reserve accounts debited, the level of reserves in the nation's banking system drops when the public's demand for cash rises; similarly, the level rises again when the public's demand for cash subsides and banks ship cash back to the Fed.The Fed offsets variations in the public's demand for cash that could introduce volatility into credit markets by implementing open market operations.When a Federal Reserve Bank receives a cash deposit from a bank, it checks the individual notes to determine whether they are fit for future circulation.About one-third of the notes that the Fed receives are not fit, and the Fed destroys them.