10. Define inflation tax (also called seignorage). How does the government collect this tax, and who pays...

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10. Define inflation tax (also called seignorage). How does the government collect this tax, and who pays it? Can the government always increase its real revenues from the inflation tax by increasing money growth and inflation?

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Macroeconomics

ISBN: 126148

6th Edition

Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore

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