Multiple Choice
Countries that employ an inflation tax do so because
A) the governme doesn't understand the causes and consequences of inflation.
B) government expenditures are high, and the government has inadequate tax collections and difficulty borrowing.
C) an inflation tax is the most progressive (paid by the rich) of all taxes.
D) an inflation tax is the most equitable of all taxes.
E) the government has a balanced budget.
Correct Answer:

Verified
Correct Answer:
Verified
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