A supply-side policy to cure inflation would include
A)A minimum wage increase.
B)Tax increases.
C)Deregulation.

Question

Quizplus · Accepted Answer

Deregulation would increase competition and efficiency in markets, leading to lower costs for businesses and consumers. This would help to reduce inflationary pressures by reducing the cost-push factors that can contribute to inflation. A minimum wage increase would likely have the opposite effect, as it would increase labor costs for businesses and potentially result in higher prices for consumers. Tax increases would also likely have limited impact on inflation, as they would reduce aggregate demand and potentially slow economic growth, but would not directly address the supply-side factors that drive inflation.

A Supply-Side Policy to Cure Inflation Would Include