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Q: What measures should be taken in order to control the food inflation as a whole?
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What are monetary measures adopted by central bank to curb inflation?

(A). Monetary measures: Monetary measures relate to the control in the supply and circulation of money in the country. 1. Bank rate policy: In case of inflation, the bank rate is increased; the supply of money is controlled. 2. Open market operation: During inflation, the central bank sells govt. securities and price bonds in the open market in order to contract the supply of money. 3. Variable reserve ratio: In order to control inflation, the central bank increases thereservation. 4. Credit Rationing: When there is inflationary pressure, the state bank adopts the policy of credit rationing. (B). Fiscal Measures: Measures in connection with public borrowing, public expenditures and public revenues are called fiscal measures. 1. Public Borrowing: During inflation, increase the public borrowing, during deflation, decrease in public borrowing. 2. Public Revenues: In order to control inflation, the increase in public revenues by the Govt. 3. Public expenditures: Inflation is also controlled by decreasing the public expenditures by the Govt. (C). Realistic Measures: 1. Increase the supply of goods and services: When the supply of goods and services is increased, the prices will come down. 2. Population planning: Control on population by adopting different measures of family planning will reduce the demand and finally prices will be controlled. 3. Price control policy: The govt. should adopt strict price control policy against the profiteers and hoarders. 4. Economic Planning: Effective economic planning is necessary to control the inflation in the country.


Which AFI describes the six hazard control measures to be considered in the order presented?

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One way that John Kennedy tried to control inflation was to have his Labor Secretary negotiate with steel workers in order to avoid a strike, and to keep the prices from going higher. He also provided tax cuts to help keep the economy stable.


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Is the Federal Reserve responsible for determining the inflation rate and the unemployment rate?

The Federal Reserve does not set the inflation or unemployment rates. These rates are naturally fluctuating based on market activities. Typically, as inflation rises, unemployment decreases and vice versa (except in the case of stagflation in 1970's). The Federal Reserve DOES, however, adjust interest rates and various other rates to control the money supply in order to combat unemployment and inflation. See the "Money Supply Theory."


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Differences demand-pull inflation and cost-push inflation?

Demand-pull inflation: prices rise due to shortage; firms produce more and raise price to meet demand. Cost-push inflation: prices rise due to increasing costs of production; firms raise price in order to not produce less.


What safety measures should I take with asbestos removal?

Removing asbestos from your home is definitely something a trained and licensed professional must do. There are many safety measures that have to be taken in order to do this without harming or contaminating the environment. You should look up these types of professionals in your area and do research on them before you hire them.