An inflation tax
A) is usually employed by governments with balanced budgets.
B) None of these answers.
C) is an explicit tax paid quarterly by businesses based on the amount of increase in the prices of their products.
D) is a tax borne only by people who hold interest bearing savings accounts.
E) is a tax on people who hold money.
Correct Answer:
Verified
Q16: With the value of money on the
Q24: If a government supplies more money than
Q26: Countries that employ an inflation tax do
Q27: The velocity of money is
A)highly unstable.
B)impossible to
Q27: If the nominal interest rate is 6
Q28: The nominal demand for money
A)does not depend
Q30: In the quantity theory of money
A)prices are
Q31: If real GDP falls and the nominal
Q32: If the money supply grows 5 per
Q33: If money is neutral,
A)an increase in the
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