b. As of September 2008, the interest rate earned on one-year U.S. Treasury bills was 2.2%. At

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b. As of September 2008, the interest rate earned on one-year U.S. Treasury bills was 2.2%. At a 2.2% rate of interest, what is the amount of money U.S. taxpayers are losing per year because of these $45 million in counterfeit notes?

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Essentials Of Economics

ISBN: 9781429218290

2nd Edition

Authors: Paul Krugman, Robin Wells, Kathryn Graddy

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Question Posted: Oct 03, 2024 06:02 AM

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b. As of September 2008, the interest rate earned on one-year U.S. Treasury bills was 2.2%. At

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Essentials Of Economics

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