Best monetary measure for tackling rise in inflation
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rise in taxes (direct and indirect taxes)
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Explanation:
1. The monetary measures are uses by central bank of our country to control the inflation rate.
2. They control the inflation rate by trying to reduce the overall demand of the economy and improve the supply through the availability of credits and interest rates.
3. When the quantity of the money is being controlled or reduced, it will reduce the demand and simultaneously the inflation rate.
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