Which of the Following Best Characterizes the Inflation Tax

question 6

Multiple Choice

Which of the following best characterizes the inflation tax?

• A)The inflation tax transfers wealth from the government to households.
• B)The inflation tax is the increase in income taxes due to lack of indexation.
• C)The inflation tax is a tax on everyone who holds money.
• D)The inflation tax is illegal.

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Fast Food

Quick service food items that are prepared and served very quickly, typically in a packaged form for takeout.