Monetary vs Fiscal Policy controlling inflation, Macro v Micro economics Q1

Q.
a) Describe the two (2) following methods to control inflation:

i. Monetary Policy. (5 marks)
ii. Fiscal Policy. (5 marks)

b) Explain the difference between macroeconomics and microeconomics. (10 marks)

(20 marks, 2019 Q1)

A.

Ref:

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