Practice Measures to Control Inflation - 5.6 | 5. Inflation | ICSE 10 Economics
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Measures to Control Inflation

5.6 - Measures to Control Inflation

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Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What is one monetary measure that the RBI uses to control inflation?

💡 Hint: Think about how borrowing costs affect spending.

Question 2 Easy

Name one fiscal measure that the government could implement.

💡 Hint: How can government spending influence economy?

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

Which of the following is a monetary measure to control inflation?

Increasing taxes
Raising interest rates
Reducing production

💡 Hint: Consider the role of central banks.

Question 2

True or False: Reducing public expenditure is a fiscal measure to control inflation.

True
False

💡 Hint: Think about how government spending impacts demand.

2 more questions available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Design a plan utilizing both monetary and fiscal measures to control an economy experiencing hyperinflation.

💡 Hint: Consider immediate steps as well as long-term strategies.

Challenge 2 Hard

Analyze the potential risks of implementing significant tax increases as a measure to control inflation.

💡 Hint: Think about the balance between control measures and economic activity.

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