Let the demand for money in the economy be given by 150,000 Ination ( ) 3 Calculate the amount of revenue raised through the ination tax for ination rates up to 50 (a spreadsheet would help ) What ination rate maximizes revenue ...

Inflation Tax Inflation CurrencyInflation150000Infl ...

Let the demand for money in the economy be given by 150,000 - [Ination (%)] 3 .

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Let the demand for money in the economy be given by 150,000 - [Inﬂation (%)] 3 . Calculate the amount of revenue raised through the inﬂation tax for inﬂation rates up to 50% (a spreadsheet would help!). What inﬂation rate maximizes revenue?

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Macroeconomics Canada in the Global Environment

ISBN: 978-0321778109

8th edition

Authors: Michael Parkin, Robin Bade

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Question Posted: Mar 21, 2018 04:11 AM

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Let the demand for money in the economy be given by 150,000 - [Ination (%)] 3 .

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Macroeconomics Canada in the Global Environment

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