Wage freeze is a policy measure aimed at?

A. encouraging investors
B. curbing inflation
C. regulating standard of living
D. curbing deflation

Correct Answer:

Option B – curbing inflation

Explanation

Wage Freeze; A policy in which a company refuses to raise wages and salaries for a period of time. A wage freeze is usually instituted when a company is having a difficult time financially and wishes to avoid layoffs or other cutbacks.