Is it true that rich people hold more money than poor, Ask an Expert

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Is it true that rich people hold more money than poor people do?

Do rich people hold a higher percent of their income as money than poor people?

Compared to an income tax, does an inflation tax place a greater or lesser burden on the poor? Explain.

Are there any other reasons why engaging in an inflation tax is not a good policy?

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9499539

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