What would happen to revenue from seignorage if the inflation rate was very high? Hint: check Equation
Question:
What would happen to revenue from seignorage if the inflation rate was very high? Hint:
check Equation 8 and assume a quickly rising price level.
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Related Book For
Macroeconomics Policy And Practice
ISBN: 9781292019598
2nd Global Edition
Authors: Frederic S Mishkin
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