In economics, another term for seigniorage is:
A) inflation tax.
B) royalty.
C) high inflation.
D) government borrowing.
Ans: A) inflation tax.
You might also like to view...
The demand curve that a monopolist firm faces is
a. the same as the demand curve facing a perfectly competitive firm except the monopolist is a price maker and the competitive firm is a price taker b. the same as the demand curve facing a perfectly competitive firm except the monopolist is a price taker and the competitive firm is a price maker c. horizontal, because there are no close substitutes for its product d. the same as its industry demand curve e. vertical, because there are no close substitutes for its product
The monopolist's demand curve is ______ that of the perfect competitor; the monopolist's marginal revenue curve is ______ that of the perfect competitor.
A. identical to; identical to B. different from; different from C. identical to; different from D. different from; identical to
Refer to the information above. The price of U.S. goods measured in pounds is
A) .8. B) 1.0. C) 1.6. D) 2. E) none of the above
The central question in economics is how to
A. make the best use of scarce resources. B. use government planning agencies. C. induce people to want less. D. increase human knowledge.