Which of the following are the fiscal policy measures taken by the government to control inflation?
1. Reduction in public expenditure and public borrowing.
2. Increasing taxes on private businesses
3. Increasing interest rates in the economy.
Select the correct answer using the code given below.
1
1 and 2 only
2
2 and 3 only
3
1 and 3 only
4
1, 2 and 3