Macroeconomics (9th Edition)
Macroeconomics (9th Edition)
9th Edition
ISBN: 9780134167398
Author: Andrew B. Abel, Ben Bernanke, Dean Croushore
Publisher: PEARSON
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Chapter 15, Problem 9NP

a)

To determine

The nominal value of seignorage over the year.

b)

To determine

The inflation tax and the person who pay the tax.

c)

To determine

The inflation tax and the person who pay the inflation tax after considering interest rate on deposits.

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