Multiple Choice
The inflation tax falls mostly heavily on those who hold
A) a lot of currency and accounts for a large share of U.S.government revenue.
B) a lot of currency but accounts for a small share of U.S.government revenue.
C) little currency and accounts for a large share of U.S.government revenue.
D) little currency but accounts for a small share of U.S.government revenue.
Correct Answer:

Verified
Correct Answer:
Verified
Q145: Inflation is costly only if it is
Q146: The consumer price index increases from 200
Q147: In 2010 the U.S. government was running
Q148: When inflation rises, people make<br>A)less frequent trips
Q149: When the consumer price index increases, the
Q151: The United States has never had deflation.
Q152: The velocity of money is<br>A)the rate at
Q153: Economists agree that increases in the money-supply
Q154: If the real interest rate is 11
Q155: The Fisher effect is crucial for understanding