Seignorage Is Defined as Which of the Following

Multiple Choice

Seignorage is defined as which of the following?

A) The increase in income tax revenues that occurs during a hyperinflation.
B) The part of a budget deficit financed by the issuance of bonds sold to the private sector.
C) The part of a budget deficit financed with foreign lending.
D) Revenue from money creation.
E) The increase in income tax revenues that occurs as a result of nominal income tax brackets not being adjusted to changes during a hyperinflation.