Inflation tax is A) the sales tax. B) a tax on nominal goods. C) a special tax introduced in ...

Author Question: Inflation tax is A) the sales tax. B) a tax on nominal goods. C) a special tax introduced in ... (Read 64 times)

burton19126

Hero Member
Posts: 532

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

Sr. Member
Posts: 336

Reply #1 on: Jun 30, 2018

Answer to Question 1

D

Answer to Question 2

B

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