Seigniorage is government revenue raised by
A) a tax on transactions.
B) issuance of treasury bonds.
C) issuance of money.
D) lump-sum taxation.
C
Economics
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Ceteris paribus, a rise in interest rates in the United States will cause the yen price of the dollar in international exchange markets to ________; i.e., the dollar ________ in value against the yen
A) increase; appreciates B) increase; depreciates C) decrease; depreciates D) decrease; appreciates
Economics
Shane just received a pay raise. Which of the following actions would be an example of the substitution effect on labor?
a. deciding to work extra hours b. deciding to spend more time on leisure c. deciding to purchase more expensive brands d. deciding to save more money for retirement
Economics