Which of the following cannot be included among the remedies of inflation?
A)Better capacity utilization
B)by making low bank rate
C)by reducing budget deficit
D)by making high bank rate

Question

Quizplus · Accepted Answer

Lowering the bank rate typically makes borrowing cheaper, which can increase spending and potentially fuel inflation rather than remedy it. Remedies for inflation often involve measures to reduce spending and borrowing, such as increasing the bank rate or reducing budget deficits, not making borrowing cheaper.

Which of the Following Cannot Be Included Among the Remedies