explain the concert of seigniorage?
Answers
Answered by
3
Explanation:
Definition: Seigniorage is the difference between the value of currency/money and the cost of producing it. It is essentially the profit earned by the government by printing currency. ...If the cost involved in its production crosses its value,then the government suffers a loss.
Similar questions
Social Sciences,
1 month ago
History,
3 months ago
Social Sciences,
3 months ago
English,
10 months ago