Multiple Choice
Developing countries employ the inflation tax because it provides a:
A) long-run solution to their budget problems even if it is politically unpopular.
B) short-run solution that helps keep the government afloat, even if only temporarily.
C) a solution to their inflation problem.
D) long-run solution to both their economic and political problems.
Correct Answer:
Verified
Correct Answer:
Verified
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