The government's profit from issuing fiat money is known as A) seigniorage b) menu costs c)...
The government's profit from issuing fiat money is known as
A) seigniorage
b) menu costs
c) commodity profit
d) tax distortions
Homework Answers
It can be mentioned that the government profit fr issuing money is called as seigniorage where the profit is actually need by the difference between the face value and the production costs all in all
Therefore (A) is the answer to this question
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The government's profit from issuing fiat money is known as
A) seigniorage
b) menu costs
c)...
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