1.

Which of the following measures should be taken when an economy is going through in inflationary pressures? 1. The direct taxes should be increased. 2. The interest rate should be reduced. 3. The public spending should be increased. Select the correct answer using the codes given below:

A. Only 1
B. Only 2
C. 2 and 3
D. 1 and 2
Answer» B. Only 2


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