Get premium membership and access questions with answers, video lessons as well as revision papers.

State the various policies used as remedies of inflation

      

State the various policies used as remedies of inflation

  

Answers


Dana
Fiscal policy: the government manipulates its expenditure and taxes to reduce aggregate demand
Monetary policy: the government controls the amount of money supply in the economy to control inflation
Prices and income policy
Indexation: this is the linking of an economic variable such as wages and salaries to an index of inflation like the consumer price index. As the price index increases so does the variable simultaneously

Dana05 answered the question on August 15, 2019 at 13:55


Next: A certain differential amplifier has a differential voltage gain of 2000 and a common mode gain of 0.2. Determine CMRR and express it in dB.
Previous: What are consumer preferences?

View More Economics Questions and Answers | Return to Questions Index

Related Questions