Question
Without inflation there would be no seignorage for the central bank. why is this false? i think this has to do with the grow of
Without inflation there would be no seignorage for the central bank."
why is this false?
i think this has to do with the grow of the economy? as the economy grow, there will still be demand for the money supply?
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Managerial Economics And Financial Analysis
Authors: M.S. Bhat, A.V. Rau
1st Edition
9352300211, 978-9352300211
