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❓ASK What can government do to control inflation?

btaliat

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In a layman term, inflation means when there is fewer circulation of money in the economy but there are high increase on the prices of goods. This means people may find it difficult to get some essential things they need because there won't be enough money.

In this situation, there is need for government to take some pro active and active steps to get the situation under control. What are the steps government can take to forestall or correct inflation?
 

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