Economics 2281 · O Level · Inflation and deflation

Inflation and deflation — practice question

A government wants to stop deflation. Which policy mix would be most effective in achieving this objective?

  • Ainterest rate: increase; government spending: increase
  • Binterest rate: increase; government spending: reduce
  • Cinterest rate: reduce; government spending: increase
  • Dinterest rate: reduce; government spending: reduce

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