ECONOMICS
MONEY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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It’s difficult to counterfeit
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It’s the cheapest dye to use
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It’s Christopher Columbus’ favorite color
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It comes from the leaves on the trees
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Detailed explanation-1: -The characteristics of the banknote, such as the quality of the paper, watermarks, ink, and print quality, are all used to make it harder to counterfeit money and easier to help people recognize authentic currency.
Detailed explanation-2: -US Dollars It may not come as a surprise to learn that the US dollar is the most commonly counterfeited currency in the world according to the Federal Reserve Bank of Boston.
Detailed explanation-3: -What color does a counterfeit pen turn? A counterfeit pen reacts to the starch found in most types of paper. Genuine U.S. currency is printed on paper that does not have starch. Therefore, if the bill is genuine, the ink will turn yellow and if it’s fake, the ink will turn black or dark blue.
Detailed explanation-4: -The new polymer notes allow for enhanced security features, such as the see-through window and holograms. This makes them harder to counterfeit than paper notes.