WAEC - Economics (2015 - No. 39)
In order to control inflation, the government should
reduce the cost of borrowing
buy securities in the open market
adopt restrictive monetary policy
discourage savings
คำอธิบาย
One popular method of controlling inflation is through a contractionary monetary policy. The goal of a contractionary policy is to reduce the money supply within an economy by decreasing bond prices and increasing interest rates.