Econoland finances government expenditures with an inflation tax.
a. Explain who pays the tax and how it is paid.
b. What are costs of the tax, assuming the tax rate is expected?

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The Answer of Econoland finances government expenditures with an inflation tax.
a. Explain who pays the tax and how it is paid.
b. What are costs of the tax, assuming the tax rate is expected?

Econoland Finances Government Expenditures with an Inflation Tax