1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
skad [1K]
3 years ago
15

What does Morgan Friedman mean, by “inflation is like taxation without legislation”

History
1 answer:
zhenek [66]3 years ago
7 0

By “inflation is like taxation without legislation” Morgan Friedman meant like inflation gets new money into economy and raises revenue, does not mean that it is a part of the legislation.

<u>Explanation:</u>

Inflation means rise in the prices of the goods and services of the economy at a continuous rate. With the increase in the prices, the revenue of the government also increases and new money also comes in to the economy, just like tax is a source of revenue for the government. But this does not mean that inflation is a part of the legislation or a part of the law, like the taxes are a part of the legislation.

You might be interested in
In wich of the following groups was work divided equalley between men and women
Olegator [25]

Answer:

C. Cherokees

Explanation:

Not sure, but I'm sure that this answer is correct.

7 0
2 years ago
Hurry!
kow [346]

Answer:

C: The colonists had a geographical advantage.

Explanation:

Given that from the information listed in the columns, where it was written among others that the thirteen colonies have " familiar land with easy access to the limited amount of supply.

At the same time, the British encountered "strange land with long distance to the base of supplies."

Hence from this chart, it can be concluded that the statement from this chart that is considered TRUE is an optionC: The colonists had a geographical advantage.

6 0
3 years ago
Summarize how rising sea level is affecting the Marshalt istands
jeka57 [31]
According to a catastrophic new assessment from the World Bank, projected sea level rise would cause 40 percent of the structures in the Marshall Islands' capital of Majuro to be permanently submerged and entire islands to vanish, potentially costing the Pacific republic its identity as a nation.
6 0
2 years ago
What does Owen believe is the biggest problem that people face in their lives?
storchak [24]

Answer:

not sure but it maybe cause by working for unfair wages laboring for too many hours in a day

Explanation:

7 0
2 years ago
Which of these actions are prohibited by the Constitution? Check all that apply.
saul85 [17]

Answer:

*suspending habeas corpus during peacetime

* borrowing money for the government creating a national religion

* creating a law ex post facto

4 0
2 years ago
Other questions:
  • Which civil rights leader, born free in Massachusetts, was the first African American to earn a doctoral degree from Harvard? A.
    11·2 answers
  • Mary Wallstone craft was inspired by
    6·2 answers
  • Why might a company move its production factory from Texas to Mexico
    14·2 answers
  • Who indroduced Christianity to the llinois country
    11·1 answer
  • which of the following would be considered agents of political socialization A. your parents B. a tv drama about the lives of th
    9·1 answer
  • Effects of agricultural improvements ( select all that apply)
    7·1 answer
  • Answer this one plz ........
    8·1 answer
  • Plssssssss Help!!!!
    8·2 answers
  • Name atleast 4 priencly states that joined pakistan after partion
    5·1 answer
  • Need help why did Russia stayed a absolute monarchy.<br> No download links
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!