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Premature tightening may lead to Stagflation: RBI

  • Published
    21st Oct, 2021

What is Stagflation and how it impacts the economy of a country? Suggest measures that can be taken by the Government and the Central Bank to counter stagflation. (250 words)

Approach:

  • Introduce by defining Stagflation
  • Enumerate the impact of stagflation on the economy
  • List the measures that Government can take
  • List the measures that the Central bank can take
  • Conclusion
X

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