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What are the ways of curbing cost push inflation?

Give ways of curbing cost push inflation.

Answers


Maurice
(i) Implementing a policy that maintains stable wages.

(ii) Controlling costs of raw materials, capital and land.

(iii) Control of government taxation of inputs and where possible subsidize the costs of production.

(iv) Control the prices of the final product to ensure the producer minimizes the costs.
maurice.mutuku answered the question on July 7, 2017 at 06:19

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