kingraymon4278 kingraymon4278
  • 01-09-2017
  • Social Studies
contestada

The return a sovereign (government) earns from creating (minting) money is called

Respuesta :

Erythrosin17
Erythrosin17 Erythrosin17
  • 11-09-2017
The return a sovereign (government) earns from creating (minting) money is called seigniorage. It is the difference of the value of money and the amount it cost to produce it. If this value is positive , then the government would surely have a profit however if it is negative, then there would be an economic loss. 
Answer Link

Otras preguntas

dontrelle recieved 30% off when he purchased a rare book regularly priced at $96.50. how much did dontrelle recieve off the original price?
Which of these sentences uses grammar correctly? Joan is the person who hired me. Joan is the person that hired me. Joan is the person whom hired me.
Which of the following goods can be considered substitutes? Options Pen and Paper. Car and Petrol. Bread and Butter. Tea and Coffee.
Write 8.54 x 10^3 in standard notation
The sum of two consecutive negative integers is -171. What is the number closest to zero?
Viruses and bacteria are both microscopic and can both cause disease. Viruses differ from bacteria in that all viruses
What is the value for ƒ(x) = 42x - 100 when x = 2 ?
During the Golden Age of Athens, male citizens
__ is the process of identifying factors that can affect marketing success
Which of the following is an example of a narrow topic? a. Life b. Life as a coal miner c. Life as a coal miner in West Virginia d. Life as a human