Seigniorage Refers to

question 26

Multiple Choice

Seigniorage refers to

• A) the extra tax revenue received by governments when people are pushed up into higher tax brackets.
• B) the loss of purchasing power of income due to higher prices.
• C) the revenue a government receives by issuing money.
• D) the profits that corporations realize on their foreign direct investments.

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Definitions:

Phobias

Intense, irrational fears of specific objects or situations.

Aversion Therapy

A form of psychological treatment in which an undesirable behavior is paired with an unpleasant stimulus to reduce the frequency of the behavior.

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired; a response that is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.

Unpleasant Stimuli

Refers to any external factors or conditions that are disagreeable or discomforting to an individual.