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nguyenduong67 nguyenduong67
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According to the U.S. Secret Service, approximately $2.6 billion of U.S. paper currency in circulation is counterfeit. The U.S. government is continually adding security features to its paper currency to help make counterfeit money easier to detect. If counterfeit currency remained undetected, a vast increase in the supply of counterfeit U.S. currency would
A) reduce the amount of M1.
B) lower the nominal income of the average U.S. worker.
C) decrease aggregate demand in the short run.
D) lead to inflation.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
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Quinn1981Quinn1981
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nguyenduong67 Author
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6 years ago
This site is awesome
kaytee23
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Thanks
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Thanks
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