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What role does monetary policy play in controlling inflation?
  • a)
    Adjusting tax rates
  • b)
    Regulating government spending
  • c)
    Modifying interest rates
  • d)
    Setting wage controls
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What role does monetary policy play in controlling inflation?a)Adjusti...
Monetary policy involves modifying interest rates to control inflation by influencing the amount of money circulating in the economy.
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