________ Prevent(s) Governments from Being Tempted to Use Seignorage Excessively

question 37

Multiple Choice

________ prevent(s) governments from being tempted to use seignorage excessively.

• A) Gold reserves
• B) The power of bond markets
• C) The government budget constraint
• D) Future generations
• E) Central bank independence

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Definitions:

Surveillance Capacities

The ability or potential of an entity (such as a government, organization, or system) to monitor, observe, or check the activities or communications of individuals or groups.

Structuration

A concept in social science that explains how social structures are produced and reproduced through the actions and interactions of individuals.

Reflexivity

The ability of an individual or system to reflect upon and adjust itself based on awareness of itself and its context.

Modern Institutions

Institutions that have emerged or evolved significantly in modern societies, including bureaucracy, the nation-state, capitalism, and scientific establishments.