Monetary policies that the government can use to curb inflation (12 mks)
Increase the rate of interest on lending to commercial banks
Selling govt securities in O.M.O
Increase commercial banks cash(liquid ratio)
Institute selective credit control measures
Increase commercial banks compulsory deposit with the control banks
Directives to commercial banks
Requesting for more suasion from the commercial banks.
lydiajane74 answered the question on November 9, 2017 at 13:07
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