The revenue that a government raises by printing money is called
A) seignorage.
B) monetary revenue.
C) currency credit.
D) currency inflation.
A
You might also like to view...
An environmental protection agency in Eduland has launched a campaign against the use of plastic bags. This is an example of ________
A) backward induction B) indoctrination C) anchoring D) sniping
In the above figure, the total producer surplus at the efficient level of output is ________
A) $4.5 million B) $9.0 million C) $2.5 million D) $3.0 million
Good X is an inferior good but not a Giffen good. When the price of X increases, the consumer will consume
a. more X. b. the same amount of X. c. less X. d. more or less X depending on the size of the income effect relative to the size of the substitution effect.
Which of the following is most commonly used to monitor short-run changes in economic activity?
a. the inflation rate. b. real GDP. c. interest rates. d. value of the U.S. dollar in the foreign exchange market.