Define inflation. Discuss the remedial measures to controll inflation
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Some of the important measures to control inflation are as follows: 1. Monetary Measures 2. Fiscal Measures 3. Other Measures.
Inflation is caused by the failure of aggregate supply to equal the increase in aggregate demand. Inflation can, therefore, be controlled by increasing the supplies of goods and services and reducing money incomes in order to control aggregate demand.
Inflation is caused by the failure of aggregate supply to equal the increase in aggregate demand. Inflation can, therefore, be controlled by increasing the supplies of goods and services and reducing money incomes in order to control aggregate demand.
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