(Consider This) The main point of the Consider This box on clipping coins is that
A)decreases in the money supply cause deflation.
B)decreases in tax rates often increase tax revenues.
C)inflation imposes a "hidden tax" on those who hold money.
D)demand creates its own supply.

Question

Quizplus · Accepted Answer

The main point is that inflation reduces the purchasing power of money, effectively acting as a "hidden tax" on those who hold cash, as their money can buy less over time.

(Consider This) the Main Point of the Consider This Box