Monetary policy aimed at reducing demand-pull inflation in the country maybe carried out through?
ECONOMICS
JAMB 1994
Monetary policy aimed at reducing demand-pull inflation in the country maybe carried out through?
- A. increase in taxation of private companies, public corporations and private individuals
- B. increase in cash reserve ratio of commercial banks and the sale of government securities
- C. decrease in goverment expenditure on education
- D. direct price control in the market place
Correct Answer: A. increase in taxation of private companies, public corporations and private individuals
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *