Consider an economy in which aggregate real money balances is always equal to 1,000,000 goods. What is
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Consider an economy in which aggregate real money balances is always equal to 1,000,000 goods. What is the maximum amount of seigniorage that a government could generate in this economy in a single period?
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Related Book For
Modeling Monetary Economies
ISBN: 978-1107145221
4th Edition
Authors: Bruce Champ, Scott Freeman, Joseph Haslag
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