The revenue raised by printing money is called:
A. interest rates.
B. velocity.
C. seigniorage.
D. nominal income.
Ans: C. seigniorage.
Economics
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Demand-pull inflation is worse than cost-push inflation because, in addition to higher prices, demand-pull inflation also reduces employment
a. True b. False Indicate whether the statement is true or false
Economics
The experiences of Singapore, Whole Foods Markets, and the State of Indiana all point to one major factor that could reduce, if not eliminate, overconsumption of health care. And that is:
A. Reducing the coverage of insured illnesses B. High out-of-pocket costs to consumers C. Raising the health-insurance premiums D. Privatizing health insurance
Economics