Under the fiat money system, the revenue that the government makes on every coin issued is referred to as

Question

Under the fiat money system, the revenue that the government makes on every coin issued is referred to as​

Quizplus · Accepted Answer

Seignorage revenue refers to the difference between the face value of a currency and the cost of producing it. In other words, it is the revenue that a government earns from printing money. In a fiat money system, where money has no intrinsic value, seignorage revenue is an important source of income for the government.

Under the Fiat Money System, the Revenue That the Government