![How is inflationary gap in an economy be closed? How is inflationary gap in an economy be closed?](https://digitalteachers.co.ug/wp-content/uploads/2022/09/Bbosa-Science.png)
How is inflationary gap in an economy be closed?
Decrease aggregate demand through
- Reductions in government spending
- Increasing taxes
- Reduction of exports
- Price control
- interest rate increases
- improvement of investment climate
- strict income and wage control
CATEGORIES Economics
TAGS Dr. Bbosa Science