Incomes policy attempts to control inflation by:

Name: Incomes policy attempts to control inflation by:
Brand: Quizplus
Rating: 4.9 (59 reviews)

Question

Quizplus · Accepted Answer

Incomes policy aims to control inflation by regulating the rate of increase in prices, wages, and other forms of income, thereby reducing the pressure on aggregate demand. Incomes policy does not focus on increasing aggregate supply or decreasing aggregate demand directly, but rather on controlling the rate of increase in income to stabilize prices and prevent inflationary pressures.

Incomes Policy Attempts to Control Inflation By