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Seignorage revenue in the United States A.) Is zero, because the U.S. government can finance itself through taxation and borrowing. B.) Is very small in
Seignorage revenue in the United States A.) Is zero, because the U.S. government can finance itself through taxation and borrowing. B.) Is very small in relation to the overall spending of the U.S. government. C.) Depends in part of the difference between the interest rate that the Fed receives on its assets and the interest rate that the Fed pays on the reserve balance accounts held by member banks at the Fed. D.) B.) and C.) E.) None of the above.
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