Question $25$

The inflation tax is an:

implicit tax on the holders of cash and the holders of assets specified in nominal terms.

implicit tax on the holders of cash and the holders of assets specified in real terms.

explicit tax on firms that raise their prices.

$$ explicit tax on wealth.Question $25$

The inflation tax is an:

implicit tax on the holders of cash and the holders of assets specified in nominal terms.

implicit tax on the holders of cash and the holders of assets specified in real terms.

explicit tax on firms that raise their prices.

$$ explicit tax on wealth.