Organizations exchange information internally and externally. External messages go to customers, vendors, the government, and ot
1 answer:
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Answer:
$500 billion
Explanation:
Data provided in the question:
Real money balances = $2.0 trillion = $2,000,000,000,000
Monetary expansion rate = 25%
now,
The annual rate of seigniorage
= Real money balances × Monetary expansion rate
= $2,000,000,000,000 × 0.25
or in billions
=
= $500 billion