Printing money to finance government expenditures O is the principal method by which the U.S. government finances its expenditures imposes a "tax" on everyone who holds money causes the value of money to rise prevents the government from having to tax its citizens is a smart way to run a country

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter3: Economic Decision Makers
Section: Chapter Questions
Problem 3.11P
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Printing money to finance government expenditures
is the principal method by which the U.S. government finances its expenditures
imposes a "tax" on everyone who holds money
causes the value of money to rise
prevents the government from having to tax its citizens
is a smart way to run a country
Transcribed Image Text:Printing money to finance government expenditures is the principal method by which the U.S. government finances its expenditures imposes a "tax" on everyone who holds money causes the value of money to rise prevents the government from having to tax its citizens is a smart way to run a country
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