Seudónimo Seudónimo
  • 02-04-2020
  • Social Studies
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To control economic challenges, such as inflation, governments use .

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georgepacheco
georgepacheco georgepacheco
  • 02-04-2020

Answer:

Governments can use wage and price controls to fight inflation, but that can cause recession and job losses. Governments can also employ a contractionary monetary policy to fight inflation by reducing the money supply within an economy via decreased bond prices and increased interest rates.

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