Question: Answer True, False, or Uncertain. Briefly explain your answer: The lack of double coincidence of wants precludes people from using credit for transactions When the
Answer True, False, or Uncertain. Briefly explain your answer:
- The lack of double coincidence of wants precludes people from using credit for transactions
- When the population is growing, fixing the price level is the optimal policy
- To finance the same amount of government purchases, using a lump-sum tax is better than using the inflation tax
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