The major source of government revenue in most countries that are experiencing hyperinflations is:
A)customs duties.
B)personal taxes
C)seigniorage.
D)borrowing.

Question

Quizplus · Accepted Answer

Seigniorage refers to the profit the government makes from printing more money than the face value of the currency. In times of hyperinflation, the government relies heavily on this source of revenue as other sources such as taxes and borrowing become less effective.

The Major Source of Government Revenue in Most Countries That