Class notes
Inflation and how to control it
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Inflation is caused by the failure of aggregate supply to equal the increase in aggregate demand. Inflation can, therefore, be controlled by increasing the supplies of goods and services and reducing money incomes in order to control aggregate demand. The various methods are usually grouped under three heads: monetary measures, fiscal measures.
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- BCOM
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- Uploaded on
- July 17, 2023
- Number of pages
- 6
- Written in
- 2022/2023
- Type
- Class notes
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- Prasad
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inflation
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meaning
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definition
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types
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causes for inflation
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how to control inflation
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