Monetary policy aimed at reducing demand-pull inflation in the country maybe carried out through?
a
increase in taxation of private companies, public corporations and private individuals
b
increase in cash reserve ratio of commercial banks and the sale of government securities
c
decrease in goverment expenditure on education
d
direct price control in the market place
Explanation
Correct Option
aNo explanation available
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Discussions (2)
colikstan
3 years ago
Tricky but the answer is B
Option A is correct but taxation is a fiscal policy not a monetary policy
