Questions and Answers
What is the best way to determine if a paper bill is counterfeit?
Comparing it to a known genuine bill
Which feature is NOT mentioned as a security feature of Philippine peso bills?
Raised print nature of the ink
What provides the traditional banknote with a unique tactile effect that aids in preventing counterfeiting?
Embossed or raised print nature of the ink
Where is the Shadow image of the portrait located on a Philippine peso bill?
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What material should be used for money to ensure divisibility and homogeneity according to the text?
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What characteristic allows money to withstand wear and tear, as discussed in the text?
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What are the three main forms of money discussed in the text?
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What is the composition of Philippine paper currency according to the text?
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What type of money is backed up by 100% gold or silver reserves?
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Which type of money requires the commodity value to equal its money value in order to circulate?
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What is the main characteristic of Fiduciary Paper Money?
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Which type of credit money is widely acceptable in payment for goods and services?
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