Despite the efforts of the United States Treasury and the Secret Service, someone discovers a cheap way

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Despite the efforts of the United States Treasury and the Secret Service, someone discovers a cheap way to counterfeit $100 bills. What will be the impact of this discovery on the economy?

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Money Banking and Financial Markets

ISBN: 978-0078021749

4th edition

Authors: Stephen Cecchetti, Kermit Schoenholtz

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Question Posted: Oct 02, 2014 07:54 AM

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Despite the efforts of the United States Treasury and the Secret Service, someone discovers a cheap way

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People will be unwilling to accept 100 bills as paymen...View the full answer

Money Banking and Financial Markets

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