The three sources of government revenue are taxes,the ________ of government bonds,and the ________ of high-powered money.

Question

Quizplus · Accepted Answer

The issuance of government bonds is a source of revenue for the government because it is essentially borrowing money from investors and promising to pay it back with interest. The issuance of high-powered money refers to the creation of new money by the government, such as by printing more currency or increasing the amount of reserves held by banks. This can also be a source of revenue for the government, such as through seigniorage (the difference between the cost of producing currency and its face value). Taxes are a well-known source of government revenue.

The Three Sources of Government Revenue Are Taxes,the ________ of Government