3 years ago

The inflation tax is the effect on the public of

1 answer:

7 0

Inflation tax is an effect afflicted to the public due to holding of cash at the time of high inflation rates. As the government produces more money by printing authenticated paper assets, the inflation rate increases. This is why production of cash money is closely regulated.

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3 years ago

When applying the lower of cost or market rule to inventory valuation, market generally means?

Tom [10]

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Answer:

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Explanation:

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