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Price Wage Control Homework Help, Assignment Help, Online Tutor

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aaminameen: In case monetary and fiscal measures prove ineffective in controlling inflation the governments resort to direct measures to control inflation. Direct measures consist mainly of price and wage controls. The price and wage controls go together...

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aaminameen saved and folkd this page on 03/28/2012 03:42am

In case monetary and fiscal measures prove ineffective in controlling inflation the governments resort to direct measures to control inflation. Direct measures consist mainly of price and wage controls. The price and wage controls go together because price-push and cost-push inflation go hand-in-hand, whatever may be the cause of initial inflation.

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