Which statement is true regarding counterfeit money? Counterfeit money is the same as fiat money. Counterfeit money is not an issue when the government uses fiat money and not commodity-backed money. The use of counterfeit dollars in an economy reduces the revenues available to pay for the operations of that economy's government. If no one knows that counterfeit dollars are in use, then the use of these counterfeit dollars does not hurt anyone in an economy