In economics, another term for seigniorage is:
A) inflation tax.
B) royalty.
C) high inflation.
D) government borrowing.

Name: In economics, another term for seigniorage is: A) inflation tax. B) royalty. C) high inflation. D) government borrowing.
Brand: Quizplus
Rating: 4.8 (34 reviews)

Question

Quizplus · Accepted Answer

Seigniorage is the revenue earned by the government by printing and circulating currency. Since printing more currency leads to inflation, and inflation is equivalent to a tax on people who hold cash, seigniorage is also called an inflation tax.

In Economics, Another Term for Seigniorage Is