What are the necessary steps taken by the government to control destruction of ecosystem.
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What are the necessary steps taken by the government to control destruction of ecosystem?
- Change the way you get around.
- Be mindful of eating habits.
- Grow your own food or buy it locally.
- Embrace secondhand shopping.
- Replace standard products with energy efficient versions.
- Buy recycled products.
- Spread the word.
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One popular method of controlling inflation is through a contractionary monetary policy. The goal of a contractionary policy is to reduce the money supply within an economy by decreasing bond prices and increasing interest rates. This helps reduce spending because when there is less money to go around, those who have money want to keep it and save it, instead of spending it. It also means that there is less available credit, which can also reduces spending. Reducing spending is important during inflation, because it helps halt economic growth and, in turn, the rate of inflation.
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