Question: 1. Would it matter if it were easy to forge a 10 note but cost 15 to do so? 2. How well do each of

1. Would it matter if it were easy to forge a £10 note but cost £15 to do so?

2. How well do each of the following meet the seven requirements listed above: grain, strawberries, strawberry jam, gold, diamonds, supermarket loyalty points, BP share certificates, a savings account requiring one month’s notice of withdrawal, notes and coin?

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1 No It would not be profitable for forgers to produce such notes 2 Acceptability most are not currently acceptable as a medium of exchange with the p... View full answer

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