The best method to curb inflation in Nigeria is to

a

reduce importation of commodities

b

increase the general level of production

c

reduce the volume ofmoney supply

d

set up price control boards

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Correct Option
b

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Discussions (2)

kranolog
2 months ago

Answer should be C

reduction in money supply would reduce the purchasing power of consumers which would reduce demand and result in reduction in price.

favouresohe
1 year ago

isn't the answer supposed to be B

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