Which of the following is used by the Central Bank of Nigeria to control inflation?

a

Tariff on imports

b

Tax rate

c

Exchange rate

d

Discount rate

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Explanation

Correct Option
d

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Discussions (4)

GodwinIkechukwu
9 years ago

wrong!! too much money in circulation(inflation), imposing a compulsory lavy(tax) on incomes of individuals would reduce inflation.

Mikeudoh2
9 years ago

d answer is totally wrong. myschool i dnt understand u ppl again.

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