Multiple Choice
"Inflation tax" means that:
A) as the price level rises, taxpayers are pushed into higher tax brackets.
B) as the price level rises, the real value of money held by the public decreases.
C) as taxes increase, the rate of inflation also increases.
D) in a hyperinflation, the chief source of tax revenue is often the printing of money.
Correct Answer:

Verified
Correct Answer:
Verified
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