Measures to Curb Inflation Homework Help

Measures to Curb Inflation

a) Contractionary Monetary Policy

Increase bank rate (interest rate)

Sell government securities in the open market (means borrowing money)

Increase cash reserve ratio (so more money with central bank to inject money into the economy)

Increase special deposit

b) Contractionary Fiscal Policy

Reducing government expenditure

Increasing personal income tax

Increasing company tax

c) Incomes Policy

Price and wage control by setting

i. Some form of norm for wage settlement. (wage floor/ceiling)

ii. Fine or tax on firms breaking the price or wage limits.

d) Indexation

This involves the adjustment of wage rates and interest rates according to the level of inflation rate. (so that real wages  can catch-up with the inflation rate)

e) Compulsory Savings

The amount of spending by the public can be reduced by raising the Central Provident Fund (CPF) contribution. (so people will save more than they spend)

Email based measures to curb inflation assignment help - homework help at TutorsGlobe

Are you searching economics tutor for help with Measures to Curb Inflation questions?  Measures to Curb Inflation topic is not easier to learn without external help?  We at offer finest services of economics homework help and economics homework help. Live tutors are available for 24x7 hours helping students in their Measures to Curb Inflation related problems. We provide step by step Measures to Curb Inflation question's answers with 100% plagiarism free content. We prepare quality content and notes for Measures to Curb Inflation topic under economics theory and study material. These are avail for subscribed users and they can get advantages anytime.

Why TutorsGlobe for Measures to Curb Inflation homework  help

  • Higher degree holder and experienced tutors network
  • Punctuality and responsibility of work
  • Quality solution with 100% plagiarism free answers
  • Time on Delivery
  • Privacy of information and details
  • Excellence in solving accounting questions in excels and word format.
  • Best tutoring assistance 24x7 hours