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The government can reduce inflation with the help of both fiscal and monetary policy. an effective combination of these policies to reduce inflation would be to Increase taxes and sell government bonds
This is further explained below.
What is political philosophy?
Generally, political philosophy is a discipline of philosophy that deals with the ideas and arguments of political ideology at the most abstract level. One of the most perplexing aspects of political philosophy is attempting to define the word "political".
In conclusion, It is a political philosophy that stresses the importance of loyalty, devotion, or allegiance to a country or nation-state and maintains that such duties are more important than other individual or group interests.
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