Paying for a Government Program by Printing Money

question 38

Multiple Choice

Paying for a government program by printing money:

• A)reduces the opportunity cost of the program
• B)is exactly like imposing an income tax to pay for the program
• C)imposes an inflation tax to pay for the program
• D)all of the above

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Definitions:

College

An educational institution or establishment, particularly one providing higher education or specialized professional or vocational training.

Australia

A country and continent surrounded by the Indian and Pacific oceans, noted for its diverse landscapes, fauna, and cities.

Subject-Verb Agreement

The grammatical rule that the verb in a sentence must agree in number with the subject (singular or plural).

Trees

Perennial plants with an elongated stem, or trunk, supporting branches and leaves in most species.