Multiple Choice
When a nation prints money (rather than taxing directly) to finance its government spending, it results in inflation, and purchasing power of the private sector falls. This is known as:
A) benchmarking.
B) indirect taxation.
C) seigniorage.
D) creeping inflation.
Correct Answer:

Verified
Correct Answer:
Verified
Q95: In nations that cannot borrow in their
Q96: The greater the degree of economic integration
Q97: Suppose that Canada decides to peg its
Q98: As the world economy grew during the
Q99: Suppose that international trade is the only
Q101: The Bretton Woods system attempted to set
Q102: Britain's 1992 recession is probably the result
Q103: With a flexible exchange rate system, to
Q104: Suppose that Argentina's dollar-denominated external assets and
Q105: If the money supply is 2000, the