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Author Question: Inflation tax is A) the sales tax. B) a tax on nominal goods. C) a special tax introduced in ... (Read 63 times)

burton19126

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on: Jun 30, 2018
Inflation tax is
 
  A) the sales tax.
  B) a tax on nominal goods.
  C) a special tax introduced in the 1970s to fight inflation.
  D) the revenue from seigniorage.

Question 2

Referring to the table above, if consumption in period one is 20,000, then consumption in period two cannot be greater than ________.
 
  A) 52,800
  B) 50,400
  C) 49,600
  D) 50,000


kingdude89

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

B


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