14) When the government prints money and gives it to the old as a subsidy-gift then, A) The gift has no cost. B) The cost of the gift is the inflation tax C) The cost of the gift is the needless savings on the use of money D) A and B E) B and C rlen aven blory e Jarl noiques ocb olv

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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14) When the government prints money and gives it to the old as a subsidy-gift then,
A) The gift has no cost.
B) The cost of the gift is the inflation tax
C) The cost of the gift is the needless savings on the use of money
D) A and B
E) B and C
aliren hloy et
Jar noiques orb
Transcribed Image Text:14) When the government prints money and gives it to the old as a subsidy-gift then, A) The gift has no cost. B) The cost of the gift is the inflation tax C) The cost of the gift is the needless savings on the use of money D) A and B E) B and C aliren hloy et Jar noiques orb
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