Define inflation tax (also called seignorage). How does the government collect this tax, and who pays it?
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The inflation tax or seignorage arises when the government raises revenue by prin...View the full answer
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Related Book For
Macroeconomics
ISBN: 978-0321675606
6th Canadian Edition
Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone
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