Quizzol

QUESTION:

Countries that employ an inflation tax do so because _______.

a. government expenditures are high and the government has inadequate tax collections and difficulty borrowing

b. the government has a balanced budget

c. an inflation tax is the most equitable of all taxes

d. the government doesn't understand the causes and consequences of inflation

e. an inflation tax is the most progressive (paid by higher-income individuals) of all taxe

ANSWER:

a. government expenditures are high and the government has inadequate tax collections and difficulty borrowing

Posted by Cleveland on September 10, 2024