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The Australian Treasury is concerned about counterfeit money because A. large quantities of counterfeit banknotes could decrease the value of Australian money. B. counterfeit banknotes represent a form
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32 votes
32 votes
The Australian Treasury is concerned about counterfeit money because

A. large quantities of counterfeit banknotes could decrease the value of Australian money.
B. counterfeit banknotes represent a form of cryptocurrency.
C. unlike official Australian banknotes, counterfeit banknotes are not backed by gold.
D. large quantities of counterfeit banknotes could increase the value of Australian money.

User Axilmar
by
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1 Answer

14 votes
14 votes

Answer:

A

Step-by-step explanation:

Because the more money that is in the economy the less money is worth so counterfeit money would cause inflation and the Australian money would decrease in value

User Theninjagreg
by
2.4k points
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