10 How would you go about trying to estimate the seigniorage gains to the United States? (Hint:...

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10 How would you go about trying to estimate the seigniorage gains to the United States?

(Hint: They depend on the quantity of US dollars held abroad, the competitive rate of interest that would be paid on these, and the actual rate of interest paid.)

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International Finance

ISBN: 9780070374812

4th Edition

Authors: Maurice D. Levi

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