solution to inflation :-l
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hope it was helpful
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Key Takeaways. Governments can use wage and price controls to fight inflation, but that can cause recession and job losses. Governments can also employ a contractionary monetary policy to fight inflation by reducing the money supply within an economy via decreased bond prices and increased interest rates.
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By increasing the CRR rate, the central government can have a significant impact on the inflation level. This is one of the best government measures to control inflation. Another way to control inflation is by using the Reverse Repo rate. It is the rate at which commercial banks lend funds to the RBI.
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