Suppose that someone in one of the euro area countries discovered an easy way to counterfeit 100

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Suppose that someone in one of the euro area countries discovered an easy way to counterfeit €100 banknotes.

How would this development affect the monetary system of the euro area? Explain.

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Economics

ISBN: 9781408093795

3rd Edition

Authors: Mark P. Taylor, N. Gregory Mankiw

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