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Which statement best describes the effect of printing money to finance government expenditures on the Canadian economy? a.It accounts for 10 percent of government revenue.b.Printing

Which statement best describes the effect of printing money to finance government expenditures on the Canadian economy?

a.It accounts for 10 percent of government revenue.b.Printing money imposes a tax on net borrowers.c.It accounts for less than 1 percent of government revenue.d.Printing money causes the nominal interest rate to decrease.

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