1-    answer to the questions below: (Min 250 words) No quoting Answer based on knowledge of the topic

U.S. paper currency is made with several features that are difficult to counterfeit, including a security thread, color-shifting ink, microprinting, a portrait, a watermark, and a fine-line printing pattern. As duplication technology, however, continually improves and more and more counterfeits are circulated, what will happen to the following?
o    The value of money circulated.
o    The volume of cashless transactions.
o    The amount of money the U.S. Treasury spends to introduce additional security measures.

2-    Make constructive comment on each Response below: (betw 100-125words each)

Response 1
From history it has been observed that the value of money has been decreasing. This comes from the value of goods. For example, in the past a price of a shirt was 2$, but now it can be priced at 10$. One of the recent examples is the price of gas, the price of gas was very low 10 years ago compared to now, even though that has to do with the process of oil however it also reflects the value of the money. As the money is circulating it does lose its value, and one of the reasons that it has to do with security, the government tries to protect the money by putting specific labels on it so it will not be copied illegally and because of that concern and investment it is staring to lose its value as it circulates. Using credit cards or debit cards instead of cash gives the consumer more protection, because if a credit card gets stolen, they can easily replace it compared to losing cash money. And majority of the people feel safer to carry cards instead of cash and the volume of cashless transactions have increased due to safety and convenience. However, businessman value cash because if a merchandise is paid in cash, they dont have to pay tax to the government, and some businesses will promote discounts if the merchandise is paid in cash for their benefit. If more people start to use credit cards and debit cards, instead of using cash the U.S. Treasury will not invest too much into the security measures of protecting the cash money so it will not be illegally copied, however even though cash is not used often it is still the only money some people have if they are not approved for credit cards or debit cards.

Response 2:
From history it has been observed that the value of money has been decreasing. This comes from the value of goods. For example, in the past a price of a shirt was 2$, but now it can be priced at 10$. One of the recent examples is the price of gas, the price of gas was very low 10 years ago compared to now, even though that has to do with the process of oil however it also reflects the value of the money. As the money is circulating it does lose its value, and one of the reasons that it has to do with security, the government tries to protect the money by putting specific labels on it so it will not be copied illegally and because of that concern and investment it is staring to lose its value as it circulates. Using credit cards or debit cards instead of cash gives the consumer more protection, because if a credit card gets stolen, they can easily replace it compared to losing cash money. And majority of the people feel safer to carry cards instead of cash and the volume of cashless transactions have increased due to safety and convenience. However, businessman value cash because if a merchandise is paid in cash, they dont have to pay tax to the government, and some businesses will promote discounts if the merchandise is paid in cash for their benefit. If more people start to use credit cards and debit cards, instead of using cash the U.S. Treasury will not invest too much into the security measures of protecting the cash money so it will not be illegally copied, however even though cash is not used often it is still the only money some people have if they are not approved for credit cards or debit cards.