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How do price and income policies control inflation


How do price and income policies control inflation



Government exhortations to firms to avoid unjustified price rises and to unions to avoid unjustified wage claims
Setting of a board to examine proposed price increases and contribute to the Collective Bargaining Agreement between employers and unions
Legislation to regulate or even freeze wages and prices

Dana05 answered the question on August 15, 2019 at 13:58

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