Siegnorage is equal to
A) the rate of inflation.
B) one divided by the rate of inflation.
C) real money balances.
D) the percentage growth rate of nominal money.
E) the percentage growth rate of nominal money times real money balances.
E
You might also like to view...
What is the difference between the monetary approach to the exchange rate and monetary approach to the balance of payments? Briefly summarize the policy implications of the monetary approach
What will be an ideal response?
In what type of analysis could an increase in the tax rate lead to a decrease in tax revenues?
A) ad valorem taxation B) excise taxation C) dynamic tax analysis D) static tax analysis
For a competitive firm, workers' marginal revenue product equals the marginal product of labor times the:
a. wage rate. b. price of the firm's product. c. interest rate. d. firm's total revenue.
If by selling one more unit of a good, a certain business can increase revenue from $500 to $525. What is the marginal revenue in this case?
A. Marginal revenue cannot be calculated without knowing the quantity. B. $25 C. $500 D. $525