Get premium membership and access revision papers with marking schemes, video lessons and live classes.

Processing. Please wait.

General measures to reduce high inflation in a country

Answer Text:
General measures to reduce high inflation in a country:
-Increase interest rate
- issue government bonds and treasury bills.
- by price controls
-Restriction of imports
-encouraging local investments.
-reducing government expenditure
-restricting wage increases.
-stimulation of production of goods and services.